NEWS

COMMERCIAL PROPERTY | Tony Chua, Singapore
Published: 08 Sep 10
831 views


Ascott to offer ‘Best Rate Guarantee’ in industry

Ascott to offer ‘Best Rate Guarantee’ in industry

Initiative can propose guests the best rate by reserving through any of Ascott’s three brand websites.

CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott) has launched a “Best Rate Guarantee‟ initiative, promising the lowest publicly available Internet rate each time a guest makes a booking through any of Ascott’s websites. This is the first time such a programme has been offered in the serviced residence industry.

Guests can now be confident of obtaining the best rate each time a reservation is made through any of Ascott’s three brand websites – Ascott (www.the-ascott.com), Somerset (www.somerset.com) and Citadines (www.citadines.com), according to an Ascott's report.

If a guest finds a lower rate for the same property, apartment type and reservation dates on another website within 24 hours of their confirmed booking made on Ascott’s website, upon verification, Ascott will honour the lower rate found and extend a further 10% discount off that rate.

Mr Tony Soh, Chief Corporate Officer of The Ascott Limited, said: “As the leading international serviced residence owner-operator, Ascott constantly finds new ways to enhance our customers’ experience. Being the first in the industry to guarantee the best rates on our websites is another demonstration of Ascott’s strong commitment to our customers. With Ascott’s ‘Best Rate Guarantee’, our guests will enjoy peace of mind when they make their online bookings directly with us.”

Ascott’s “Best Rate Guarantee‟ initiative is applicable for daily Internet rates and stays that are less than a total of 30 nights.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

TOP NEWS
SGX securities trading jumps 47% to $1b in January
SGX securities trading jumps 47% to $1b in January SGX starts the year on a good note, with growth in its commodities, clearing and fixed income activities last month.
Real estate lending to pose threats to 2012 transactional volumes
Singapore ranked fifth active city in real estate activity
What bonus? 20% of finance pros don’t expect any
DBS is analyst’s top pick over OCBC and UOB
OTHER COMMERCIAL PROPERTY NEWS
Sino Construction issues profit warning on FY11 results
As revenue from its newly acquired thermal plant operator RELI fell short of expectations.
Second Chance Properties to reward $50,000 to whistleblowers
Real estate lending to pose threats to 2012 transactional volumes
Which real estate sectors are hot for investors?
Tuan Sing Holdings’ revenue plunges 70% to $240m in 2011