Ascott Orders 5,000 protel Licenses from Xn Hotel Systems

Singapore (Singapore) – November 28, 2014 – The world’s largest international serviced residence owner-operator, Singapore-based The Ascott Limited (Ascott), has recently ordered from Xn Hotel Systems licenses to use the protel Multi-Property Edition (MPE) software for an additional 5,000 apartment units. This follows Ascott’s successful rollout of the protel MPE property management system to its more than 140 serviced residences with 20,000 apartment units that are operating globally under its three award-winning brands – Ascott, Citadines and Somerset.

“As we continue to grow to achieve Ascott’s target of 80,000 apartment units globally by 2020, we will invest in further building scalable and integrated business IT platforms. This will enable us to enhance Ascott’s competitiveness and efficiency, reap economies of scale and better serve our guests. This year, we have opened 12 serviced residences with over 1,700 apartment units. As we open more properties worldwide, the additional licenses for 5,000 apartment units will give us the flexibility to quickly implement the protel software at our properties. We will continue to work closely with Xn Hotel Systems to find innovative ways to use our key business IT platforms for the benefit of our guests and the business,” said Tony Soh, Ascott’s Chief Corporate Officer.

“Xn Hotel Systems regards Ascott’s significant add-on order as an increase in the level of our responsibility as a software and services provider. As we rollout the protel system to additional Ascott properties around the world, we will be focusing on the essential delivery of business value to this very key client. To ensure that Xn Hotel Systems continues to meet all of Ascott’s future service requirements as the company grows, we will also expand our business to support Ascott’s users across Asia Pacific, Europe and the Gulf region,” commented Greg Spicer, Chief Executive, Xn Hotel Systems Group Limited.

About The Ascott Limited
The Ascott Limited is a Singapore company that has grown to be the world’s largest international serviced residence owner-operator. It has over 24,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as over 11,000 units which are under development, making a total of more than 36,000 units in over 200 properties.

The company operates three brands – Ascott, Citadines and Somerset. Its portfolio spans 85 cities across 24 countries, 22 of which are new cities in Ascott’s portfolio where its serviced residences are being developed.

Ascott, a wholly-owned subsidiary of CapitaLand Limited, pioneered Asia Pacific’s first international-class serviced residence with the opening of The Ascott Singapore in 1984. In 2006, it established the world’s first Pan-Asian serviced residence real estate investment trust, Ascott Residence Trust. Today, the company boasts a 30-year industry track record and award-winning serviced residence brands that enjoy recognition worldwide.

Ascott’s achievements have been recognised internationally. Recent awards include World Travel Awards 2013 for ‘World’s Leading Serviced Apartment Brand’ and ‘Leading Serviced Apartment Brand’ in Asia and Europe, Business Traveller Asia-Pacific Awards 2014 for ‘Best Serviced Residence Brand’ and ‘Best Serviced Residence’, Business Traveller China Awards 2013 for ‘Best Serviced Residence Brand’, Business Traveller UK Awards 2013 for ‘Best Serviced Apartment Company’, TTG China Travel Awards 2014 for ‘Best Serviced Residence Operator in China’ and DestinAsian Readers’ Choice Awards 2014 for ‘Best Serviced Residence Brand’.

Visit www.the-ascott.com for more information and connect with us on social media at www.the-ascott.com/connect.

About Xn Hotel Systems
Xn Hotel Systems is a global technology services group specialising in the supply and support of highly scalable business applications and electronic booking services for hotels and service apartments. Market leading products and client-focused services provide hoteliers globally proven reservations, PMS and transaction processing technology. Xn systems and services can be implemented either as component parts of an overall business solution, or as a total solution portfolio. Xn Hotel Systems has been an official international business partner of protel hotel software, Germany since 2002.

Visit www.xnhotels.com for more information.