Ascott has signed contracts to manage six properties with more than 1,200 apartment units in China, in Changsha (opening 2019), Shenzhen (2017), Tianjin (2018), Wuhan (2018), Handan (2019) and Xuzhou (2019), across their Ascott, Citadines and Tujia Somerset brands.

In China, Ascott is one of the leading international serviced residence owner-operators with more than 17,300 units in 96 properties across 27 cities and a goal of 20,000 units by 2020, adding 14 properties last year alone. They will open more than 30 properties worldwide this year, of which 16 will be in China.

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