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ASCOTT APPOINTS MR. JASON CHEN AS THE GENERAL MANAGER OF SOMERSET EKAMAI BANGKOK

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Bangkok--9 Feb--Ascott International Management
CapitaLand's wholly owned serviced residence business unit, The Ascott Limited (Ascott) announces the appointment of Mr. Jason Chen as the General Manager of Somerset Ekamai Bangkok.

With over 20 years of hospitality experience, Mr. Chen has previously worked with Ascott, having started with the Company in Singapore in the year 2004 before assignments in Beijing, Bangkok and Hanoi as the Residence Manager of the Somerset West Lake property. In the year 2008, he returned to Bangkok as the Residence Manager of the flagship Ascott Sathorn Bangkok property for six years.

After which, Mr. Chen served with Leading Quality Assurance as one of their quality assurance consultants. As one of hospitality's largest quality assurance companies, he brings invaluable experience on both service and quality excellence.

Commenting on his current appointment, Mr. Chen said:

"Hospitality in Thailand has evolved and developed from when I first arrived in 2007. We have been through many challenges over the years and it is now an invigorating time to be in Bangkok as one can contribute to continuing the promotion of Thailand as a favorable destination for both business and leisure clientele. At the same time, it allows us opportunities as operators to work together with our community to provide an environment of continuity and support so that we pay forward in the overall development and growth of our surrounds."

Ascott is the currently the largest international serviced residence owner-operator in Thailand, with 21 properties and more than 4,500 units (including those under development) across Bangkok, Pattaya and Sri Racha, all nestled in prime business, entertainment districts, and designed for discerning expatriates and travelers on business or leisure.

For more information on Ascott's properties, please visit www.the-ascott.com
About The Ascott Limited

The Ascott Limited is a Singapore company that has grown to be one of the leading international serviced residence owner-operators. It has over 29,000 operating serviced residence units in key cities of the Americas, Asia Pacific, Europe and the Middle East, as well as over 22,000 units which are under development, making a total of more than 52,000 units in over 300 properties. The company operates three award-winning brands – Ascott, Citadines and Somerset. Its portfolio spans more than 120 cities across 30 countries.

Ascott, a wholly owned 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 serviced residence brands that enjoy recognition worldwide.

Ascott's achievements have been recognised internationally. Recent awards include World Travel Awards 2016 for 'Leading Serviced Apartment Brand' in Asia, Europe and the Middle East; Business Traveller Asia-Pacific Awards 2016 for 'Best Serviced Residence Brand'; Business Traveller Middle East Awards 2016 for 'Best Serviced Apartment Company'; Business Traveller UK Awards 2016 for 'Best Serviced Apartment Company'; Business Traveller China Awards 2016 for 'Best Serviced Residence Brand'; TTG China Travel Awards 2016 for 'Best Serviced Residence Operator in China' and DestinAsian Readers' Choice Awards 2016 for 'Best Serviced Residence Brand'. For a full list of awards, please visit http://www.the-ascott.com/ascottlimited/awards.

About CapitaLand Limited

CapitaLand is one of Asia's largest real estate companies headquartered and listed in Singapore. The company leverages its significant asset base, design and development capabilities, active capital management strategies, extensive market network and operational capabilities to develop high-quality real estate products and services. Its diversified global real estate portfolio includes integrated developments, shopping malls, serviced residences, offices and homes. Its two core markets are Singapore and China, while Indonesia, Malaysia and Vietnam have been identified as new growth markets. The company also has one of the largest real estate fund management businesses with assets located in Asia.

CapitaLand's listed real estate investment trusts are CapitaLand Mall Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust and CapitaLand Malaysia Mall Trust.
Visit www.capitaland.com for more information.
Issued by: Ascott International Management (Thailand) Limited
Website: www.the-ascott.com
41 Sukhumvit 16, Sukhumvit Road, Klongtoey, Klongtoey, Bangkok 10110 Thailand

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