Ascott announces the signing of ‘Somerset Al Mansoura Doha’, its 2nd property in Qatar

Located in the lavish Al Mansoura district, the house will comprise 158 keys, together with 59 roomy two-bed room units and 99 upscale 1-bedroom models, throughout a full developed-up spot of 29,344 sq. metres. Each individual place is superbly decorated, with totally equipped different dwelling and eating locations, kitchenettes and much more.

Standing seven storeys substantial, the recently created resort apartment block characteristics a uniquely traditional structure which, when seen from the top, resembles the shape of a boat. It will profit from its prime locale, which is in shut proximity to the metro station, parks, dining establishments, searching centres and educational institutions, and is just a 20-moment drive to/from Hamad Global Airport. The best house for both small- and prolonged-stay visitors, facilities will consist of a gymnasium, people lounge, retail shops and a 24-hour espresso store.

Al Majed Group Holding CFO & VPA, Jacob V Jacob claimed, “We are honoured to signal the franchise arrangement with just one of the primary intercontinental lodging proprietor-operators, to produce Somerset Al Mansoura in Doha. Ascott is a reputed global manufacturer and our affiliation will make certain that Somerset Al Mansoura features the ideal of serviced residences in the region. Found in the coronary heart of Doha, Somerset Al Mansoura serviced flats are developed to offer the utmost in comfort and usefulness with a vary of leisure and recreation services.

We are certain that friends will experience the accurate essence of Qatari hospitality blended correctly with Ascott authenticity at Somerset Al Mansoura in Doha.”

Ascott proceeds to accelerate its around the world growth and aims to attain its world-wide concentrate on of 160,000 units by 2023 by using a mix of strategic alliances, management contracts, franchises and investments. The group’s around the world footprint at this time extends to more than 190 metropolitan areas across 30 nations, totalling 118,000 units in in excess of 760 qualities.

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About The Ascott Limited

The Ascott Constrained is a Singapore firm that has developed to be one particular of the primary international lodging proprietor-operators. Ascott’s portfolio spans more than 190 cities throughout over 30 nations in Asia Pacific, Central Asia, Europe, the Center East, Africa and the United states of america.

Ascott has extra than 69,000 operating units and more than 49,000 models under growth, generating a whole of a lot more than 118,000 models in over 760 homes.

The company’s serviced home and lodge brands involve Ascott The Home, The Crest Collection, Somerset, Quest, Citadines, lyf, Préférence, Vertu, Harris, Citadines Hook up, Fox, Yello and POP!.

Ascott, a wholly owned subsidiary of CapitaLand Limited, pioneered Asia Pacific’s initially worldwide-course serviced home with the opening of The Ascott Singapore in 1984. These days, the enterprise boasts more than 30 a long time of market track record and award-successful brand names that appreciate recognition all over the world.

Ascott’s achievements have been recognised internationally. Modern awards involve Planet Journey Awards 2020 for ‘Leading Serviced Apartment Brand’ in Asia and Europe Company Traveller Award 2020 for ‘Best Serviced Home Brand’ in Asia-Pacific and the Center East DestinAsian Readers’ Choice Awards 2020 for ‘Best Serviced Home Brand’ Entire world Travel Awards 2019 for ‘Leading Serviced Condominium Brand’ in Asia, Europe and the Center East Enterprise Traveller China Awards 2019 for ‘Best Luxury Serviced Residence Brand’ and

TTG China Vacation Awards 2019 for ‘Best Serviced Residence Operator in China’.

For a entire listing of awards, make sure you stop by https://www.the-ascott.com/ascottlimited/awards.html. 

About CapitaLand Constrained

CapitaLand Restricted (CapitaLand) is 1 of Asia’s biggest diversified authentic estate groups. Headquartered and detailed in Singapore, it owns and manages a worldwide portfolio really worth about S$134.7 billion as at 30 June 2020. CapitaLand’s portfolio spans throughout diversified real estate courses which includes industrial, retail company park, industrial and logistics built-in growth, urban enhancement as well as lodging and residential. With a presence throughout much more than 220 towns in around 30 nations around the world, the Group focuses on Singapore and China as its main markets, whilst it carries on to grow in markets these types of as India, Vietnam, Australia, Europe and the Usa.

CapitaLand has one of the largest authentic estate investment decision administration corporations globally. It manages 6 outlined true estate expenditure trusts (REITs) and business trusts as perfectly as above 20 personal funds. CapitaLand introduced Singapore’s initial REIT in 2002 and today, its secure of REITs and organization trusts comprises CapitaLand Built-in Industrial Belief, Ascendas Genuine Estate Investment Have faith in, Ascott Residence Trust, CapitaLand Retail China Rely on, Ascendas India Believe in and CapitaLand Malaysia Shopping mall Have confidence in.

CapitaLand destinations sustainability at the main of what it does. As a dependable real estate corporation, CapitaLand contributes to the environmental and social well-currently being of the communities exactly where it operates, as it delivers lengthy-expression economic price to its stakeholders.

Pay a visit to www.capitaland.com  for extra facts.

About Al Majed Team Keeping

Al Majed Team Holding started in 1943 by Mr. Ali Al Majed, a young pearl trader with a brave spirit of entrepreneurship and ambition and became one of the most well known pearl traders in the Gulf. His son, Mahdi took most following his father, environment sail on his personal and buying and selling in the most captivating of pearls. When oil was found out in the 1940’s and a new period of prosperity started in Qatar, Mahdi established “Al Majed Jewelry LLC” which expanded to consist of jewelleries from the very best designers in Europe and became a centre of attraction for all branded jewelry and lavish view seekers in Qatar.

Today, the three sons of Mahdi, Ahmad, Mohammed and Jamil take care of the family members company with terrific honour and devotion and have increased the business impression and solutions. The company has now diversified into a variety of industries and the organization are managed less than the Al Majed Group Holding.

Al Majed Resort Administration WLL, a subsidiary of Al Majed Team Holding obtaining interest in

Resort operation, Hotel acquisition, Resort franchising and F&B functions. Al Majed Resort Management WLL have outstanding properties managed by nicely-regarded worldwide manufacturers and proven alliance with International Resort Teams for the forthcoming Hotel projects.

Pay a visit to www.almajedgroup.me  for far more information and facts.

For media enquiries, remember to make contact with:
Cindy Mearini
E mail: [email protected] 

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