Ascott is the world’s largest international serviced residence owner-operator with more than 29,000 serviced residence units in key cities of Asia Pacific, Europe and the Gulf region. Its portfolio spans over 70 cities more than 20 countries. The company operates three brands – Ascott, Citadines and Somerset. Ascott is also the largest international serviced residence owner-operator in China, operating 40 properties over 7,400 units in Beijing, Chengdu, Chongqing, Dalian, Foshan, Guangzhou, Hangzhou, Shanghai, Shenyang, Shenzhen, Suzhou, Tianjin, Wuhan, Xi'an, Hong Kong and Macau. Ascott, a wholly-owned subsidiary of CapitaLand Limited, is headquartered in Singapore. It pioneered Asia Pacific’s first international-class serviced residence in 1984. In 2006, it established the world’s first Pan-Asian serviced residence real estate investment trust, Ascott Residence Trust. Today, the company boasts a 28-year industry track record and serviced residence brands that enjoy recognition worldwide.