Today many business travelers and people are looking for the best accommodation when they look for a comfortable stay while away from home. Therefore, the industry is providing serviced apartments and hotels to accommodate such people. Staying in a serviced apartment gives you the room to work, cook, relax and sleep, and the average unit size is more spacious than an equivalent standard of hotel with rates that are more affordable than hotel rates.
One of the most recognized serviced residence operators is The Ascott Limited. Ascott, a whollyowned subsidiary of CapitaLand Limited, pioneered Asia Pacific’s first international-class serviced residence with the opening of The Ascott Singapore in 1984. Today, the company boasts over 30 years of industry track record and award-winning brands that enjoy recognition worldwide.
In Indonesia, currently, a total of eight properties are managed by Ascott Indonesia including seven serviced residences under Ascott, Citadines and Somerset brand