ASCOTT THAILAND ANNOUNCES THE REOPENING OF CITADINES SUKHUMVIT 11 BANGKOK

Bangkok, Thailand, August 2022 – The Ascott Limited, CapitaLand’s wholly-owned serviced residence business unit, has announced the reopening of Citadines Sukhumvit 11 Bangkok. Located at the heart of Bangkok, where chic meets convenience and style is always on tap, this property offers a broad range of accommodation options as well as many leisure and business facilities.

Citadines Sukhumvit 11 Bangkok offers 127 units with the comfort of serviced residences and the flexibility of a hotel in the city, where guests can live, work, and play at the same time. The property features well-designed apartments that are optimised for comfortable living, from cleverly designed studios to spacious 2-bedroom units equipped with a kitchenette, separate living and dining areas, and modern bathrooms with bath amenities. After a long day in bustling Bangkok, be it for business or leisure, retire to the hotel where it offers guests full access to our on-site fitness corner, swimming pool, self-service launderette, and business corner, as well as optional services such as airport transfer, laundry and dry cleaning, and daily breakfast.

The hotel is located within walking distance of the Nana BTS Station, allowing all guests to easily access Bangkok's cultural attractions. The nearby shopping malls are fun for shopaholics, while the famous Jim Thompson Museum and Bangkok Art & Culture Centre, a few stations away, are excellent places to check out. When guests decide to rest up after exploring the city, our hotel's facilities are a great place to recuperate. The hotel offers free Wi-Fi throughout the hotel and state-of-the-art rooms equipped with full amenities for a pleasant stay.

"We are happy to announce that Citadines Sukhumvit 11 Bangkok has reopened. We are grateful for all the support and encouragement our guests have shown us during this time. We're delighted to welcome everyone back and look forward to continuing our tradition of excellent service in a fresh, vibrant setting that is so characteristic of Bangkok.," said Mr. Brian Tan, Country General Manager, Thailand & Laos.

Nestled in the heart of Bangkok‘s Sukhumvit Soi 11, Citadines Sukhumvit 11 Bangkok is amidst the city‘s hustle and bustle. The staff offer the finest in authentic Thai hospitality, providing guests with an ideal stay for exploring the attractions that the city has to offer.

For reservations or more information, please contact +66 2 204 4400, 1800 888 272 (Thailand toll-free), e-mail: enquiry.thailand@the-ascott.com or visit www.discoverasr.com

About The Ascott Limited

The Ascott Limited (Ascott) is a Singapore company that has grown to be one of the leading international lodging owner-operators. Ascott's portfolio spans over 200 cities across over 40 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa, and the USA.

Ascott has more than 89,000 operating units and about 64,000 units under development, making a total of more than 153,000 units in over 900 properties.

The company’s serviced apartment, coliving and hotel brands include Ascott, The Crest Collection, Somerset, Oakwood, Quest, Citadines, lyf, The Unlimited Collection, Préférence, Vertu, Harris, Fox, Yello, and POP!.

Ascott’s loyalty programme, Ascott Star Rewards, offers exclusive benefits to its members when they book directly with Ascott for their stays at its participating properties.

Ascott, a wholly owned subsidiary of CapitaLand Investment Limited, pioneered Asia Pacific’s first international-class serviced apartment with the opening of The Ascott Singapore in 1984. Today, the company boasts over 30 years of industry track record and award-winning brands that enjoy recognition worldwide.

For more information, please visit www.discoverasr.com.

About CapitaLand Investment Limited

Headquartered and listed in Singapore, CapitaLand Investment Limited (CLI) is a leading global real estate investment manager (REIM) with a strong Asia foothold. As at 30 June 2022, CLI had about S$125 billion of real estate assets under management, and about S$86 billion of real estate funds under management (FUM) held via six listed real estate investment trusts and business trusts, and more than 20 private vehicles across Asia-Pacific, Europe and USA. Its diversified real estate asset classes cover retail, office, lodging, business parks, industrial, logistics and data centres.

CLI aims to scale its FUM and fee-related earnings through fund management, lodging management and its full stack of operating capabilities, and maintain effective capital management. As the investment management arm of CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand’s development arm.

As a responsible company, CLI places sustainability at the core of what it does and has committed to achieve net zero emissions by 2050. CLI contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.

Visit http://www.capitalandinvest.com for more information.