Ascott opens its first serviced residence in KSA

CapitaLand’s wholly owned serviced residence business unit and serviced residence owner-operator, The Ascott Limited (Ascott), has opened its first serviced residence in the Kingdom of Saudi Arabia.

Vincent Miccolis, Ascott’s AGM for the GCC region, said: “We are delighted to welcome our first guests to Ascott Tahlia Jeddah. Its quality facilities and modern design coupled with Ascott’s award-winning hospitality will set the benchmark for serviced residences in the region.”

He continued: “The opening of Ascott Tahlia Jeddah marks a key milestone for Ascott. It is the first of five Ascott serviced residences to be launched in Saudi Arabia.

"Ascott Tahlia is the first international branded serviced residence to open in Jeddah, and this will be followed by Ascott Sari Jeddah and Citadines Al Salamah Jeddah later this year. We will also open Ascott Rafal Olaya Riyadh in 2016 and Somerset Corniche Jeddah in 2017."

Situated along Tahlia Street, Jeddah’s main commercial avenue, Ascott Tahlia is minutes from major business areas and landmark office towers. 

Twenty floors high, the property offers studios, one-, two-, and three-bedroom apartments, including four penthouses.

Each apartment has well-defined living and dining areas, as well as fully equipped kitchens and modern amenities.

The serviced residence also offers other facilities like a swimmnig pool, gymnasium, childrens' playroom, guest lounge, restaurant, and coffee shop.