Ascott opens seventh property in Philippines

Ascott opens seventh property in Philippines

The Ascott continues to expand its presence in the Philippines with the opening of its seventh property in the country – the 293-unit Citadines Millennium Ortigas Manila – and its first in Ortigas Centre, a key central business district in Metro Manila.

Ascott, the largest international serviced residence company in the Philippines, plans to open another nine serviced residences across Metro Manila, Cebu and Iloilo from 2018 to 2023.

Arthur Gindap, Ascott regional general manager for the Philippines and Thailand, said: “The opening of Citadines Millennium Ortigas Manila marks Ascott’s first foray into Ortigas Centre, the Philippines’ second most important financial district after Makati where we have an established presence with four operating properties.

“Our first Citadines in the Philippines, Citadines Salcedo Makati, is performing well with an occupancy rate of 80 per cent.

“Bringing Citadines to the heart of Ortigas Centre expands our reach to a ready catchment of expatriates and business travellers.

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“Guests at Citadines Millennium Ortigas Manila can enjoy the bustling area with a wide variety of shopping, dining and entertainment options nearby, as well as the flexibility to personalise their stay with the services they require.”

Citadines Millennium Ortigas Manila is strategically located in the heart of Ortigas Centre, home to government buildings, and top local and multinational corporations including the Asian Development Bank, Jollibee Food Corporation, Meralco, San Miguel Corporation and the World Bank.

Gindap added: “We continue to see strong potential for growth in the Philippines, which is forecasted by the World Bank to grow close to seven per cent annually over the next three years, making it one of the top performing economies in East Asia.

Citadines Millennium Ortigas Manila is a ten-minute walk to the Ortigas MRT Station, and about a 50 minute-drive to Ninoy Aquino International Airport.

The serviced residence offers 293 contemporary units ranging from studio to one-, two- and three-bedroom apartments.

Facilities such as a residents’ lounge overlooking the city, swimming pool, fitness centre, restaurants, function rooms, and garden deck are available.

More Information

Breaking Travel News recently spoke with Arthur Gindap, regional general manager for the Philippines and Thailand at The Ascott about the brand’s activities in the region.

Find out what he had to say here.