Ascott strengthens its presence in Vietnam

The Ascott group of hotel residences, which owns the Citadines brand in particular, is expanding its offering in South-East Asia, with several openings expected in Vietnam.

Following the launch last December of the Somerset Vista residence in District 2, the new business district of Ho Chi Minh City, the Ascott Limited group has won another management contract with the opening in 2016 of a new establishment, Somerset West Central Hanoi. The two residences strengthen Ascott's leading position in the country, with more than 1,800 flats and 13 residences in four cities: Ho Chi Minh City, Hanoi, Haï Phong and Danang.