Ascott To Open New Serviced Residences In Xi'an And Shenzhen

Following its recent expansion into Chengdu with the opening of Somerset Riverview, Chengdu, in April 2010, the Singapore-based Ascott group has secured contracts to manage two more serviced residence properties, in Xi'an and Shenzhen.

The latest additions to the group's portfolio — Somerset Gaoxin, Xi'an, and Somerset Grandview, Shenzhen — are scheduled to open in 2012 and 2013, respectively.

Somerset Gaoxin, Xi'an, is Ascott's first Somerset-branded serviced residence in the city. Located on Tang Yan Road, which is within the new commercial center of the Xi'an Hi-tech Development Zone, the serviced residence will be surrounded by many technology and financial services enterprises. This will enable Ascott to cater to the strong demand for international-class accommodation by expatriates and business travelers working in the new commercial center.

Residents will enjoy convenient access to various amenities including shopping malls and supermarkets, as well as the Tang Dynasty City Wall Park, a major attraction located just next to Somerset Gaoxin, Xi'an. The serviced residence will also be part of a mixed development which comprises a clubhouse and a retail podium.

Somerset Grandview, Shenzhen, will located on Xinsha Road, close to the Futian Central Business District. The property will be next to the Shenzhen Golf and Country Club and it will be surrounded by high-end office towers, shopping malls, and food and beverage outlets. Guests will enjoy a wide range of dining and retail options at two nearby major shopping malls — Coco Park and Central Walk. Somerset Grandview, Shenzhen, will also provide easy access to transportation including subways, taxis and buses.

When completed, the 233-unit Somerset Gaoxin, Xi'an, and 128-unit Somerset Grandview, Shenzhen, will offer a range of apartment types from studios to three bedroom units, catering to the different lifestyle needs of both short- and long-stay travelers. All apartments will provide a fully-equipped kitchen, ensuite bathroom and separate living and work areas. Residents will have access to a swimming pool, and gymnasium, and there will also be a playroom in each property to cater to travelers with children.