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Nantong’s First International-Class Serviced Residence

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CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has opened its first property in Nantong and fourth property in Suzhou – two fast-growing cities in the Yangtze River Economic Belt, a key economic region that accounts for more than 40% of China’s Gross Domestic Product. Ascott Harmony City Nantong, the first international-class serviced residence in the city, is well-located in the financial hub near the Nantong Railway Station and has direct access to the metro interchange station that is slated for completion in 2020. Somerset Baitang Suzhou is in the heart of Suzhou Industrial Park (SIP), China’s top high-tech park with more than 2,000 multinational corporations.

Mr Tan Tze Shang, Ascott’s Managing Director for China and Head of Business Development, said: “This year marks Ascott’s 20th anniversary in China, our fastest-growing and largest market, with over 20,000 units in more than 110 properties across 33 Chinese cities. In five months this year, we have secured contracts to manage nine properties offering over 1,600 units. We have also opened four properties with close to 800 units in Nantong, Suzhou, Xiamen and Xi’an.”

“Ascott Harmony City Nantong and Somerset Baitang Suzhou will enjoy a ready pool of expatriates as well as business and leisure travellers given their proximity to business parks, commercial buildings, retail and dining outlets, and popular tourist destinations. With the opening of these two serviced residences, guests can now choose from our 56 operational properties in China. Within the next six years, Ascott plans to open over 50 properties in more than 20 Chinese cities such as Shanghai, Shenzhen, Hangzhou, Tianjin and Guangzhou. These will be tailored for different customer segments across our varied brands such as Ascott, Citadines, Somerset, Tujia Somerset and our latest coliving brand for the millennials, lyf.”

He added: “Ascott’s recent joint venture with China’s market leaders Huazhu Hotels Group and CJIA Apartments Group is our most significant move in the manachise business to grow our Citadines brand in China by another 16,000 units by 2025. Besides management contracts and manachise, we will continue to also seek strategic alliances, investments and franchises to strengthen Ascott’s leading position in China.”

Ascott Harmony City Nantong

Located in Chongchuan’s Central Business District, Ascott Harmony City Nantong is part of an integrated development which also plays host to a high-end shopping mall and premium offices, offering Ascott’s serviced residence guests convenience right at their doorstep. The luxurious serviced apartment is surrounded by well-known landmarks such as The Nantong Bell Tower and Nantong Sports Exhibition Center, shopping malls, and parks. It is a short drive from the Nantong Economic Technology Development Area which is home to Fortune 500 multinational corporations.

Ascott Harmony City Nantong offers 164 elegant apartments, ranging from studio to three-bedroom units. Each apartment comes with a living room, dining area and a fully-equipped kitchen. The property also boasts a wide range of recreational facilities including a breakfast lounge, gymnasium, swimming pool and a children’s playroom. A library, conference room facilities and business support services are also available to cater to corporate travellers.

Somerset Baitang Suzhou

Somerset Baitang Suzhou is strategically located in the heart of the SIP, next to the Central Business District in the east of Jinji Lake. The 194-unit serviced residence is surrounded by a multitude of government agencies, such as the SIP Administrative Committee, and Property Rights Trading Center, as well as financial institutions including the Bank of China, China Merchants Bank, and Industrial and Commercial Bank of China.

The serviced residence is within walking distance to two stations of the operating Metro Line 1 and extensive bus lines, thus enjoying easy access to the rest of the city. The property is about a 20-minute drive from the Ecological Hub, Integrated Free Trade Zone and High Tech Industrial Zone. Dining outlets and places of interest like the Baitang Ecological Botanical Garden, Ferris Wheel Amusement Park, Jinji Lake and shopping malls are nearby. CapitaLand’s Suzhou Center Mall, the largest shopping centre in the city, is a 15-minute drive away.

Somerset Baitang Suzhou consists of one to four-bedroom apartments, and offers an array of facilities such as an indoor pool, outdoor garden, golf course and sauna.

From now till 31 August 2018, guests can enjoy a 20% discount off Best Flexible Rates when they book a stay at Ascott Harmony City Nantong, with prices starting from RMB 509. Meanwhile, guests of Somerset Baitang Suzhou will receive 40% off Best Flexible Rates for one-bedroom executive apartments at RMB 666 for stays from now till 15 September 2018.

Besides Somerset Baitang Suzhou, Ascott currently also operates Ascott Midtown Suzhou and Citadines Xinghai Suzhou in SIP as well as Somerset Emerald City Suzhou. Meanwhile, the openings of Ascott Emerald City Suzhou and Joy Suites Nantong are in the pipeline.

According to the United Nations Conference on Trade and Development, China was the world’s second largest recipient of foreign direct investment with an estimated US$144 billion last year. In 2017, China recorded the most number of international tourist arrivals in the world with 45.3 million arrivals, generating revenue of US$832 billion.

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Grand Hyatt Athens Opens in Greek Capital

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Hyatt Hotels Corporation announced the opening of Grand Hyatt Athens, marking the first Hyatt hotel in the Greek capital and the first Grand Hyatt branded hotel in Greece. The luxury property is located on Syngrou Avenue next to the Onassis Cultural Centre and combines dramatic architecture with innovative design, easily accessible to historic sites and best-in-class restaurants.

The vibrant city of Athens offers countless activities for all types of visitors. At the same time, it is also known as the historic capital of Europe – an ancient city with rich culture, iconic sites and attractions.

“Athens is fast becoming the destination of choice where ancient history sits alongside modern coffee shops and rooftop bars,” said Nikos Trikourakis, general manager of Grand Hyatt Athens. “Our hotel will offer guests who seek first-class hospitality unforgettable experiences and a luxurious place to stay.”

Celebrating iconic Greek culture, the 309-room hotel incorporates curated art reminiscent of ancient Athens. Alongside original pieces from the Museum of Cycladic Art, the hotel also showcases a glamorous lobby with an extraordinary art installation called The Coin, which is made from replicated, ancient Athenian coins representing the Greek economic supremacy in the fifth century BC. The property’s rooftop also offers the spectacular Penthouse Restaurant and an outdoor swimming pool with impressive views of the Acropolis.

Grand Hyatt is situated within walking distance of the beautiful old town of Plaka and the infamous Acropolis site, while golf courses, the passenger port terminal of Piraeus and the golden beaches of the Athens southern suburbs are just a short car ride away.

The hotel will be managed by Kokari Limited and has been developed by the international real estate investment companies Henderson Park and Hines. It will be the second Hyatt property in Greece, joining Hyatt Regency Thessaloniki.

Accommodations

Designed with bold and vibrant features, the hotel has 309 beautifully decorated guestrooms, 38 of which are suites, including the Presidential Suite, Royal Suite and four Grand Executive Suites with terraces. The rooms feature spectacular views of either the Acropolis, the cityscape or the inner landscaped garden, and offer a spacious and luxurious stay. Additionally, suite and club room guests have exclusive access to the Grand Club Lounge, which provides lavish surroundings, personal concierge services and culinary highlights throughout the day.

Dining

The impressive rooftop restaurant is set on the hotel’s top floor overlooking the brightly lit Acropolis neighborhood of Athens through transparent glass surfaces and offers guests the extraordinary experience of fresh, seasonally-inspired Mediterranean cuisine. For a more relaxed environment, guests can also dine in the Aphrodite lobby lounge & bar, a modern and comfortable lounge-style restaurant offering patisserie selections, salads and deluxe sandwiches.

Wellbeing and Fitness

Grand Hyatt Athens has a stunning rooftop outdoor swimming pool with breathtaking views of the Acropolis and the Parthenon. The wellness center features four private treatment rooms, an indoor heated swimming pool, relaxation lounges, a sauna and a Turkish bath, known as a Hammam (to open in early 2019) – offering a destination of serene luxury and relaxation.

Meetings and Events

Grand Hyatt Athens offers the perfect venue for every type of event with almost 21,500 square feet of flexible event space and seven flexible multi-functional meeting spaces accommodating up to 1,000 guests. Conference facilities are equipped with the latest audio-visual technology paired with dedicated personal assistance at all times to ensure that events and meetings run smoothly.

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Ultimate Eid Getaway at Four Seasons Resort Sharm El Sheikh

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This Eid escape the ordinary to the clear blue skies, turquoise waters and golden sands at Four Seasons Resort Sharm El Sheikh, a haven of tranquillity in the heart of lush gardens and among authentic architectural style.

Four Seasons Resort Sharm El Sheikh is the ideal choice for a perfect Eid escape or summer getaway this season. Guests can choose to do as much or as little as they like, from an adventurous dive in the marine life that thrives just beyond the Resort’s shoreline to a friendly tennis match on the Resort courts or simply relaxing on a beautiful beach with an amazing location by the Red Sea, or enjoying ancient-inspired spa treatments.

The Resort is second to none when contemplating an unforgettable retreat with family or loved ones. For this special occasion, the culinary team has prepared their finest creations across the Resort’s various dining venues, offering different themed nights from the best of Italian cuisine at Il Frantoio restaurant to oriental specialities at Arabesque restaurant, Reef Grill‘s Land and Sea Market, Waha’s specialities by the pool, in addition to live entertainment and creative cocktails at Nafoura Lounge. It is going to be difficult to make just one choice this Eid!

Younger guests are invited on August 23, 2018 to a fun-filled Eid family party.  The Kids for all Seasons Club has prepared themed activities for children throughout Eid celebrations including hand puppets, fun beach games, Red Sea shells collection, water polo, movie nights, swimming races, Eid card making and much more entertainment during the day.

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Mandarin Oriental To Manage Luxury Resort On Lake Como, Italy

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Mandarin Oriental Hotel Group has announced today that it has taken over management of CastaDiva Resort & Spa, an existing resort on Lake Como, Italy. The property will be rebranded as Mandarin Oriental, Lake Como in spring 2019 following a refurbishment of facilities. This will be Mandarin Oriental’s first resort in western Europe and will complement the Group’s Milan hotel.

Located on the shores of Lake Como, and surrounded by lush botanic parkland, the resort is a landmark of historic importance, comprising 76 spacious rooms and suites housed in nine villas, dating from the 19th Century. Two of the villas will be bookable in their entirety giving guests their own private retreat. Almost all accommodation has lake views that can be enjoyed from either a balcony or terrace. The resort features four restaurants and bars, including a lakeside terrace for al fresco dining, a large spa with an indoor swimming pool and an outdoor floating pool on the lake. There is also a variety of social and meeting facilities in the resort’s grounds.

“We are delighted to be extending the Mandarin Oriental brand to the shores of Lake Como which has long been a destination of choice for luxury travellers. We look forward to bringing the Group’s exemplary service to the resort and to working with our partners to create one of Italy’s most exclusive properties,” said James Riley, Group Chief Executive of Mandarin Oriental Hotel Group.

Lake Como has been a popular travel destination for centuries, and is regarded as one of the most beautiful resort areas in northern Italy. The lake is surrounded by villas, gardens and villages and offers visitors a wealth of scenic views, hiking trails, boating and other water activities. It is easily accessed from Milan Malpensa airport.

CastaDiva Resort & Spa was acquired in 2017 by funds managed by Attestor Capital LLP.

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