Ascott opens its first serviced residence in Cambodia

Published on : Tuesday, November 7, 2017

CASA Meridian Residence_Swimming poolCapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has opened its first serviced residence in Cambodia, CASA Meridian Residence, in Phnom Penh’s up-and-coming residential and retail hub of Diamond Island (Koh Pich). CASA Meridian Residence offers 75 fully-furnished residences on the top 13 floors of the 34-storey integrated development CASA by Meridian, which also comprises a high-end shopping mall, premium office spaces and wellness facilities.

 

 

The serviced residence provides unparalleled conveniences to travellers and expatriates who value a balanced lifestyle in the heart of the capital Phnom Penh, as the property is within minutes’ drive from an array of amenities such as the AEON shopping mall, international schools, conference and exhibition centres, embassies, premium offices, Jet’s Container night market, and the entertainment complex NAGA World.

 

 

Ms Lew Yen Ping, Ascott’s Country General Manager for Vietnam who oversees the company’s expansion in Cambodia, Myanmar and Laos, said: “Ascott has built a strong brand reputation and expertise in managing world-class serviced residences over the last 30 years. We expect significant demand for our first property in Cambodia, CASA Meridian Residence, as it is the first international-standard serviced residence in the country’s capital and economic hub Phnom Penh. In addition, Cambodia has achieved sustained economic progress and strong international tourist arrivals. Ascott will be able to leverage first-mover advantage as we open our second property in the city – Somerset Norodom Phnom Penh in 2018. CASA Meridian Residence will provide corporate travellers, expatriates and their families a balanced living experience, the comfort of home and Ascott’s signature hospitality by our well-trained team.”

 

 

Ms Lew added: “With our entry into Cambodia, Ascott is now present in nine out of 10 countries in ASEAN, giving us a strong foothold in the region. ASEAN member states recently signed pacts to boost transport links to make it easier for cross-border travel. With greater connectivity, business activities and investment are expected to increase, driving demand for serviced residences. We will continue to explore opportunities to grow Ascott’s presence in Cambodia and other ASEAN markets to reap benefits from greater economies of scale and expand our network of properties for customers.”

 

 

CASA Meridian Residence provides a wide selection of apartments between levels 22 and 34 across two towers. These range from cleverly designed studio apartments ideal for single executives travelling for business, to sleek and modern one-, two- or three-bedroom apartments that can comfortably accommodate up to six persons. Every apartment features contemporary furnishings, well-defined living and dining areas, as well as fully-equipped kitchen. Residents can also enjoy a comprehensive range of lifestyle facilities including an infinity swimming pool, children’s wading pool, jacuzzi, indoor playroom, yoga room, sauna, club house, and fully-equipped gymnasium as well as business support amenities such as a conference room, meeting room, and serviced offices for rental.


(No Like Yet)

Related Posts

Tags: , , , , , ,

Comments are closed.

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  rss_logo 
ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 01 WTM 2020
  • 02 WTM London 2020
  • 13 traveldaily20
  • 16 FHC 2020
  • 16 ITB asia 2020
  • 16 TAAPE 2020
  • 17 GWS-2020
  • 30 PATA

TRAVEL INDUSTRY EVENTS

    1. WTM LONDON

      November 2 - November 4
    2. TRAVEL FORWARD LONDON

      November 2 - November 4
    3. WTM Responsible Tourism

      November 6
    4. DIGITAL TRAVEL US 2020

      December 14 - December 15
    5. INTERNATIONAL HOSPITALITY INVESTMENT FORUM (IHIF)

      Mar 8, 2021 - Mar 10, 2021
Get our toolbar!
Review www.travelandtourworld.com on alexa.com