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NEWS | Ascott opens first property in Busan and its largest property globally.

Ascott has secured a contract to manage its first Citadines Apart’hotel in South Korea;
The 468-unit Citadines Haeundae Busan will be Ascott’s first serviced residence in Busan and its largest property globally when it opens in the second half of 2015.

 Since Ascott fully acquired the Citadines chain of apart’hotels in Europe in 2004 and brought it to Asia in 2006, it has been expanding the brand aggressively to key cities. With the addition of Citadines Haeundae Busan, Ascott has grown its Citadines network to 79 properties across 49 cities worldwide.