Ascott opens its first serviced residence in Saudi Arabia

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by Staff writer | Published 3 years ago

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CapitaLand’s wholly owned serviced residence business unit , The Ascott Limited (Ascott), has opened its first serviced residence in the Kingdom of Saudi Arabia.

Mr. Vincent Miccolis

Vincent Miccolis, Ascott’s area general manager for the GCC region, said: “The opening of Ascott Tahlia Jeddah marks a key milestone for Ascott. It is the first of five Ascott serviced residences to be launched in Saudi Arabia.

“Ascott Tahlia is the first international branded serviced residence to open in Jeddah, and this will be followed by Ascott Sari Jeddah and Citadines Al Salamah Jeddah later this year. We will also open Ascott Rafal Olaya Riyadh in 2016 and Somerset Corniche Jeddah in 2017,” said Miccolis.

Situated along Tahlia Street, Jeddah’s main commercial avenue, Ascott Tahlia is just minutes from major business areas and landmark office towers, home to banks, finance houses and consulates.

Ascott Tahlia offers spacious studio, one-, two- and three-bedroom apartments, over 20 floors, including four penthouses. The serviced residence also offers an array of lifestyle facilities such as a swimming pool, gymnasium, children’s playroom, guest lounge, restaurant and coffee shop.

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