The Ascott Limited (Ascott), has opened its eighth property in the Kingdom of Saudi Arabia with the launch of Citadines Abha, in partnership with Almutlaq Real Estate Investment Company.
Ascott is a Singaporean wholly owned lodging business of CapitaLand Investment, one of Asia’s largest diversified real estate groups. The 140-unit apart’hotel marks the sixth regional opening for the group this year, as it assertively expands in the Middle East, Africa and Turkey. Citadines Abha takes the group’s operational footprint to 1,062 keys in KSA, and 2,391 across the region.
According to a statement from Ascott, the property is nestled 7,450 feet above sea level in the mountainous district of Abha, and overlooks the Asir Mountains. It is able to provide residents and visitors with the perfect recluse from a bustling city-life, and offers easy access to Abha’s vibrant leisure excursions, including shopping malls, restaurants, and entertainment hubs in close proximity. The property is located 6km away from the Abha Regional Airport.
Aesthetically designed to optimise living spaces, Citadines Abha encapsulates the ideal adventurous and relaxing experience, the real estate firm stated. With subtle hues of mustard yellow and inspiring modern Arabesque patterns, each apartment is equipped with spacious living spaces, stylish dining areas, sophisticated kitchenettes and scenic floor-to-ceiling windows, it added.
Ascott’s growing portfolio in the kingdom
The apart’hotel consists of chic studio apartments, premium one-bedroom apartments and lavish two-bedroom apartments, the property developer noted. The urban property is also home to world-class amenities, including a swimming pool, gymnasium, resident’s lounge, restaurant, meeting rooms and a business centre.
Vincent Miccolis, Ascott’s managing director for the Middle East, Africa, Turkey and India, said: “Saudi Arabia continues to be a key source market for Ascott, considering the rising needs for global living standards by expats and international guests on business and leisure, as well as domestic travellers keen to explore the local gems and opportunities within the country.
“The government has in recent years invested significantly into the strategic expansion of the country’s tourism and hospitality sectors, to establish the Kingdom as a top tourist destinations in the world. Merging this ambitious vision to our brand, Ascott is renowned for its international hospitality standards. We believe that our latest address- Citadines Abha will bring a new dimension to leisure and business travel in the city, providing premium short and long term stay options.”
Meanwhile, Tariq Almutlaq, chairman of Almutlaq Real Estate Investment Co. (AREIC) added: “AREIC is delighted to partner with Ascott on its journey in Saudi Arabia, offering the residents and visitors of Al Khobar an experience of world-class serviced living with exclusive amenities.
“In collaboration with AREIC, Ascott’s growing portfolio in the kingdom contributes to its robust development, which is an essential part of the Saudi Vision 2030 led by His Royal Highness Prince Mohamad bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Chairman of the Council of Economic and Development Affairs.”
“Ascott is an internationally awarded upscaled brand, and we look forward to a formidable partnership to provide more exclusive serviced hotel developments across Saudi Arabia in the near future,” he concluded.
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