ASAP Quality Accredited Operator Member Ascott has opened its first property in Nantong and its fourth in Suzhou, both in the Yangtze River Economic Belt, a region accounting for more than 40% of China’s GDP.

2018 marks Ascott’s 20th anniversary in China, its fastest-growing and biggest market globally with over 20,000 units in more than 110 properties across 33 Chinese cities, with 56 now operating in 20 cities.

The company has secured contracts to manage nine more properties offering over more 1,600 units and has plans to open over 50 properties in more than 20 Chinese cities over the next six years across its brands including Ascott, Citadines, Somerset, Tujia Somerset and its co-living brand aimed at millennials, lyf.

News release – Ascott Harmony City Nantong and Somerset Baitang Suzhou
Tagged with →