ASCOTT LISTED TOP 50 IN 2012 HOTEL GLOBAL RANKING LIST

HOTELS Magazine announced the newly <World's Largest Hotel Companies: Corporate 300 Chart>, which is the most comprehensive and authoritative ranking of the world’s largest hotel companies. The Ascott Limited (Ascott) has promoted to No. 49 in 2012 listing, with 22,719 units among 176 properties. Ascott is the first international serviced residence brand to clinch the honor.

As one of the most influential publication in global hospitality industry, HOTELS Magazine will gather data such the number of hotels and the number of guestrooms from hotel groups worldwide to provide a comprehensive assessment and review on the hotels’ strength and development on an annual basis. The honor further affirms Ascott’s leading status as the largest serviced residence owner and operator in the industry. Today, the company boasts a 29-year industry track record and award-winning serviced residence brands that enjoy recognition worldwide.