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THE ASCOTT LIMITED EXPANDS ITS THAILAND PORTFOLIO WITH THE OPENING OF ASCOTT THONGLOR BANGKOK IN JULY 2022


Bangkok, Thailand, May 2022 - Capitaland's wholly-owned lodging business unit in Thailand, The Ascott Limited, is set to open the brand new Ascott Thonglor Bangkok on 15th July 2022.

The property is an urban, luxurious and elegant hotel and serviced residence located at the intersection of Sukhumvit Soi 59 and Sukhumvit Road, right in the heart of Bangkok's upscale and vibrant Thonglor neighbourhood and home to a diverse array of top-tier restaurants, lifestyle venues, international schools, multinational corporations, and other city attractions. It is conveniently located near the city's expressway system and provides easy access to the BTS Skytrain via a 5-minute walk to Thong Lo Station.

Ascott Thonglor Bangkok offers 451 spacious serviced apartments and hotel rooms with a studio, one-bedroom, two-bedroom, and three-bedroom configurations. It is suitable for both short stay and long stay guests. Residents will enjoy elegant rooms with a touch of luxury, comfort and convenience, as well as a wide range of high-end amenities to make them feel at home. On-site facilities include a swimming pool, state-of-the-art gymnasium, residents' lounge, children's playroom, generous green areas, mid-sized meeting facilities and all-day-dining restaurant and room service options.

"We are absolutely thrilled with the opening of Ascott Thonglor Bangkok as it will open just in time to meet the demand that is returning from the reopening of borders all around the world. We look forward to welcoming tourists and business travellers alike to enjoy this stunning property and experience the outstanding service that our General Manager Koen Vermeersch and his team have prepared." said Mr. Brian Tan, Country General Manager for Ascott in Thailand and Laos.

Ascott Thonglor Bangkok is the third of five serviced apartment properties that Ascott will operate with its strategic partners, Ananda Development and Mitsui Fudosan Asia. The projects are built at a combined value of THB 12 billion with 1,809 units between Bangkok and Pattaya. Ascott is one of Thailand's largest international lodging owners and operators, with over 5,000 units spread across 25 properties in Bangkok, Pattaya, Sri Racha, and Rayong, including projects in the development pipeline.

Guests who enjoy being rewarded for their travels will appreciate Ascott Star Rewards, the world's first loyalty programme dedicated to the serviced residence industry, which provides complete flexibility when it comes to earning and redeeming points for stays. Members can take advantage of year-round discounts of up to 15% off best flexible rates, seasonal offers of up to 50% off, property opening specials, birthday discounts of up to 40%, early check-in and late check-out, as well as complimentary airport transfers, room upgrades, and breakfast*.

For reservations or more information, please contact +66 2 204 4400, 1800 888 272 (Thailand toll-free), e-mail to [email protected] or visit www.discoverasr.com.

*Terms and conditions apply.

About The Ascott Limited

The Ascott Limited is a member of CapitaLand Investment. It is one of the leading international lodging owner-operators with properties across Asia Pacific, Central Asia, Europe, the Middle East, Africa and the USA. Its portfolio of serviced apartment, coliving and hotel brands includes Ascott The Residence, The Crest Collection, Somerset, Quest, Citadines, lyf, Préférence, Vertu, Harris, Citadines Connect, Fox, Yello, Fox Lite and POP!.





About CapitaLand Investment Limited

Headquartered and listed in Singapore, CapitaLand Investment Limited (CLI) is a leading global real estate investment manager (REIM) with a strong Asia foothold. As at 30 September 2021, CLI had about S$120.8 billion of real estate assets under management, and about S$84.3 billion of real estate funds under management (FUM) held via six listed real estate investment trusts and business trusts, and 30 private funds across the Asia-Pacific, Europe and USA. Its diversified real estate asset classes cover integrated developments, retail, office, lodging and new economy sectors such as business parks, industrial, logistics and data centres.

CLI aims to scale its FUM and fee-related earnings through its full stack of investment management and operating capabilities. As the listed investment management business arm of the CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand’s development arm. Being a part of the well-established CapitaLand ecosystem differentiates CLI from other REIMs.

As part of the CapitaLand Group, CLI places sustainability at the core of what it does. As a responsible real estate company, CLI contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.

Visit http://www.capitalandinvest.com/ for more information.

Issued by: Ascott International Management (Thailand) Limited
Website: www.the-ascott.com
Address: No.219/43, 12th floor, Asoke Towers, Soi Asoke, Sukhumvit 21 Rd., North Klongtoey, Wattana Bangkok 10110 Thailand

For more information, please contact:

Myra Regner, Director of Sales & Marketing
Tel: (66-2) 204 4340, Email: [email protected]

Chotiphat Tangkiatsilp, Director of Marketing Communications
Tel: (66-2) 204 4337, Email: [email protected]

Sarina Osman, Marketing Manager
Tel: (66-2) 204 4381, Email: [email protected]