THE ASCOTT LIMITED (THAILAND) AND BUMRUNGRAD INTERNATIONAL HOSPITAL SIGN MOU TO STRENGTHEN COLLABORATION

The signing ceremony was attended by Mr. Brian Tan (left), Country General Manager, Thailand & Laos, The Ascott Limited, and Ms. Napas Paorohitya (right), Chief Marketing Officer, Bumrungrad International Hospital.

Bangkok, Thailand, 11 November 2022 – The Ascott Limited (Thailand), a wholly owned lodging business unit of CapitaLand Investment, and Bumrungrad International Hospital signed a memorandum of understanding (MOU) today to provide comprehensive privileges that cater to the needs of well-travelled patients, visitors, and other individuals seeking medical care.

Thailand has long been known as a destination for medical tourism, and under the MOU, Ascott will work together with Bumrungrad Hospital to provide a superior experience and serve the needs of travellers seeking exceptional accommodation and world-class medical services and facilities. This will also strengthen Bangkok's reputation as a premier medical tourism destination.

Under the MOU, Ascott (Thailand) guests or residents can enjoy up to 15% discount* on Bumrungrad Hospital treatments by presenting their Ascott key cards, and Bumrungrad Hospital patients can enjoy 15% discount* on the best flexible rates at Ascott properties in Thailand from now until 31^st December 2023.

"We are pleased to pen this MOU with Bumrungrad Hospital. As one of the leading international lodging owner-operators, Ascott shares the same commitment to professionalism and service in hospitality. By creating synergy between our two organisations and expertise, we hope to create an even more seamless experience for guests looking for both medical care and hospitality services,” said Mr. Brian Tan, Country General Manager, Thailand & Laos, The Ascott Limited.

“This special collaboration between The Ascott Limited (Thailand) and Bumrungrad International Hospital is a wonderful synergy. This collaboration will help provide The Ascott customers access to world-class healthcare, and allow them to experience all the premium services Bumrungrad has to offer. We expect that The Ascott clients will be highly interested,” said Ms. Napas Paorohitya, Chief Marketing Officer at Bumrungrad International Hospital.

In Thailand and Laos, Ascott operates 19 properties, namely Ascott Sathorn Bangkok, Ascott Thonglor Bangkok, Ascott Embassy Sathorn, Somerset Ekamai Bangkok, Somerset Maison Asoke Bangkok, Somerset Park Suanplu Bangkok, Somerset Sukhumvit Thonglor Bangkok, Somerset Rama 9 Bangkok, Somerset Riverside Bangkok, Citadines Sukhumvit 8 Bangkok, Citadines Sukhumvit 11 Bangkok, Citadines Sukhumvit 16 Bangkok, lyf Sukhumvit 8 Bangkok, The Park at EM District, SQ Boutique Hotel, Somerset Pattaya, Somerset Harbourview Sri Racha, Citadines Grand Central Sri Racha, and Somerset Vientiane. The other 8 properties are in various stages of the development pipeline.

For reservations or more information, including promotions, please call us at +66 2 204 4400 / 1800 888 272 (Thailand toll-free), email enquiry.thailand@the-ascott.com or visit www.discoverasr.com.

*Terms & Conditions apply.

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 (www.capitalandinvest.com)

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 September 2022, CLI had about S$130 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 about 30 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.