The property will become Ascott St James London by the end of the year, bringing the group's offering in the British capital to seven residences. Ascott St James London will offer 230 rooms and five meeting rooms. "This was an excellent opportunity to acquire a quality property strategically located in the prestigious Mayfair area. We see the possibility of turning it into one of London's finest luxury hotel residences."says ChongKee Hiong, Managing Director of Ascott.
In its original market, Asia, the group is preparing to open three new residences, the Ascott Raffles City Chengdu, Citadines Jinshanf Road Xiamen and Somerset Wusheng Wuhan. This development will enable the group to claim the title of "Asia's leading hotel group".the largest international operator of hotel residences in China"With 42 residences in 17 towns and cities.
