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Ascott to manage Vietnam's largest serviced residence integrated development
Recognition of Ascott's international lodging expertise by leading industry players set to bring more opportunities to build its pipeline of properties
By: CapitaLand Limited
Ascott will manage 1,905 units across three distinct serviced residence brands within Sun Group's Tay Ho View Complex in Hanoi. The iconic integrated development will be Vietnam's new landmark, transforming the city's skyline and rejuvenating the city's exclusive waterfront Tay Ho district. Ascott will introduce its The Crest Collection brand in Vietnam. Currently only available in France, this is the first time The Crest Collection will debut in Asia, providing guests a unique luxury experience through a distinctive blend of character and heritage. Ascott will also introduce its signature Ascott The Residence brand as well as its fastest growing brand, Citadines Apart'hotel. Ascott The Residence offers discerning guests exclusive and personalised experiences while Citadines Apart'hotel offers the flexibility and practicality of a serviced apartment with hotel services as well as locally influenced experiences. The three serviced residences are expected to open in phases from 1Q 2023.
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