{"id":13302,"date":"2019-04-29T10:42:42","date_gmt":"2019-04-29T06:42:42","guid":{"rendered":"http:\/\/www.middleeastevents.com\/blog\/?p=13302"},"modified":"2019-04-29T10:42:42","modified_gmt":"2019-04-29T06:42:42","slug":"ascott-reveals-saudi-arabia-as-top-middle-east-pipeline-destination-at-atm","status":"publish","type":"post","link":"https:\/\/www.middleeastevents.com\/blog\/ascott-reveals-saudi-arabia-as-top-middle-east-pipeline-destination-at-atm\/","title":{"rendered":"Ascott Reveals Saudi Arabia As Top Middle East Pipeline Destination At ATM"},"content":{"rendered":"<p>Arabian Travel Market, the Middle East\u2019s leading travel and tourism exhibition, The Ascott Limited (Ascott) has revealed its continuous and tenacious Middle East, Africa and Turkey expansion plans; confirming today that KSA is a top pipeline destination in the region over the next two years.<\/p>\n<p>Ascott currently have five operating serviced residence properties in the Kingdom, with the next set to open this year.<\/p>\n<p><strong>Ascott Corniche Al Khobar<\/strong>, scheduled to open in Q3 this year, will add a unique offering to the luxury market. The 172-unit property will comprise studio, one-, two- and three-bedroom apartments on Prince Turki Street within the Corniche area of Al Khobar, one of the city\u2019s most sought-after areas with a wide selection of restaurants, boutiques and shopping malls. King Fahd Road, Al Khobar\u2019s main business district, is just 3km from the serviced residences, while the Al Khobar-Bahrain Causeway is a 10-minute drive.<\/p>\n<p>Looking ahead, four new Ascott properties are in the KSA pipeline for 2020: <strong>Somerset Downtown Al Khobar, Ascott Villas Riyadh, Somerset Corniche Jeddah<\/strong> and <strong>Citadines Abha<\/strong>. The recently announced <strong>Citadines Al Aziziyah Al Kohbar<\/strong> signing, slated for Q4 2021, takes Ascott\u2019s total footprint to 12 properties in the region.<\/p>\n<p>\u201cWe\u2019re in the midst of a very exciting period of growth in Saudi Arabia,\u201d comments Vincent Miccolis, Ascott\u2019s Regional GM for Middle East, Africa and Turkey. \u201cIn the four years since we launched our first property in KSA, Ascott Tahlia Jeddah, we\u2019ve established a market-leading presence by unveiling a range of highly successful serviced residences, including Ascott Sari Jeddah, Citadines Al Salamah Jeddah, Ascott Rafal Olaya Riyadh and Spectrums Residence Jeddah. Each property is in a prime location, follows international operating standards and offers short- and long-term residents the perfect mix of luxury with contemporary design and supporting amenities.\u201d<\/p>\n<p>As the Kingdom diversifies its economy in line with the Saudi Vision 2030, Miccolis says they\u2019re seeing strong demand for Ascott\u2019s serviced residences driven by a wide demographic of travellers from across the business and leisure sectors. \u201cThe rise in visitor numbers to KSA is also likely to be bolstered by the exponential growth of Dubai International Airport &#8211; now one of world\u2019s busiest airports and a popular stop-over\/connection hub for both regional and international passengers flying to and from Saudi Arabia,\u201d he adds.<\/p>\n<p>Alongside its KSA expansion plans, Ascott has identified Turkey as a key pipeline territory and in August 2017 made its Istanbul debut with the opening of Somerset Maslak Istanbul. Two further properties are slated for opening in the city, including Citadines Maslak Istanbul in Q3 of 2019, followed by Citadines Nivo Istanbul in 2020.<\/p>\n<p>Further cementing the brand\u2019s success in the region, Ascott has been awarded three of the top accolades at the annual World Travel Awards 2019.\u00a0 The world\u2019s largest serviced residence owner-operator received two leading accolades <strong><em>Middle East\u2019s Leading Serviced Apartment Brand 2019 <\/em><\/strong>for the fourth consecutive year and <strong><em>Saudi Arabia\u2019s Leading Serviced Apartment Brand 2019<\/em><\/strong> for the third consecutive year.\u00a0 Ascott Sari Jeddah was named as <strong><em>Saudi Arabia\u2019s Leading Serviced Apartments 2019 <\/em><\/strong>for the second consecutive year.<\/p>\n<p><em>The Ascott Limited will be exhibiting at ATM Dubai 2019, at stand HC1120, between 28<sup>th<\/sup> April and 1<sup>st<\/sup> May 2019.<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13303\" src=\"http:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2019\/04\/H-6.jpg\" alt=\"\" width=\"239\" height=\"180\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arabian Travel Market, the Middle East\u2019s leading travel and tourism exhibition, The Ascott Limited (Ascott) has revealed its continuous and tenacious Middle East, Africa and Turkey expansion plans; confirming today that KSA is a top pipeline destination in the region over the next two years. Ascott currently have five operating serviced residence properties in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13303,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/13302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/comments?post=13302"}],"version-history":[{"count":1,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/13302\/revisions"}],"predecessor-version":[{"id":13304,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/13302\/revisions\/13304"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media\/13303"}],"wp:attachment":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media?parent=13302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/categories?post=13302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/tags?post=13302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}