The Ascott Limited have reported a record year for 2016. The overall brand of adjusted homes opened 18 properties crosswise over Thailand in Bangkok, Pattaya and Sri Racha. Bragging its portfolio by an extra 3,000 units.

Jean Keijdener, Ascott's nation general director for Thailand, remarked, "In 2016 Ascott’s growth in terms of property number is pretty steady and well planned. We have opened Metropole Bangkok – Asia’s first unique luxury serviced residence under The Crest Collection and also launched the first phase of Somerset Ekamai Bangkok which is Ascott’s first mixed-use development in Thailand. Besides that, we have clinched a management contract for The Park at EM District Managed by The Ascott Limited, the upscale Bangkok’s serviced residence in the highly sought-after Sukhumvit soi 24. Our company also managed to sustain stability in occupancy rates especially amongst long-stay business which is our main target audience."

Beside Ascott's achievement in Thailand, the organization has proceeded with their extension over the globe. Inviting 10,000 new units in 2016 alone has made it Ascott's greatest ascent in stock in one year to date. This subject is set to proceed with 30 more properties being opened in 2017.

For Thailand, Ascott will for concentrating on the Eastern Seaboard. Incorporating the regions of Rayong, Chonburi, Chachoengsao and Samut Prakan, the Eastern Seaboard hold criticalness being the focal point of Thailand's fare and fabricate ventures. Outside of this zone, Ascott will be search for different areas of potential development. There are at present four properties in the pipeline, Citadines Jomtien Beach Pattaya, Citadines North Pattaya, Somerset Maison Asoke Bangkok and Somerset Habourview Sri Racha.

This will help Ascott to keep up its title as the biggest universal international serviced residence owner-operator in Thailand. All areas are precisely picked by Ascott to offer accommodation to business and stimulation zones speaking to exiles, business and recreation voyagers.