Ascott Group launches upper-tier Somerset Olympia serviced residence

Business travelers and tourists can now enjoy international-standard luxury accommodations as one of the world’s leading serviced residences can now be found right in the heart of Makati City’s vibrant commercial and business district.

This is after the Ascott Group launched recently the upper-tier Somerset Olympia, its rebranded 116-unit serviced residence along Makati Avenue and near Ayala Avenue in Makati City.

Ascott is a leading international serviced residence operator with 13,800 serviced residence units in 39 cities in Europe and Asia Pacific. It is the serviced residence arm of Singapore-based Capital and Limited, one of Asia’s largest listed property companies.

"The rebranding connects Somerset Olympia to an international network of Somerset residences," said Cameron Ong, Ascott’s deputy chief executive officer for operations. "It now brings the kind of amenities associated with the Somerset brand, a market leader in Asia-Pacific, along with a global sales and marketing network that can enlarge its customer base," he added.

Following an extensive upgrading program, the property’s stylish studio suites to penthouses now feature contemporary designer furnishings, broadband Internet access, modern home entertainment systems, spacious dining/living areas and fully-equipped kitchens.

Facilities at Somerset Olympia include a fitness center, swimming pool, business center, conference rooms and restaurants. The residence’s unique guest programs also help residents succeed in Manila by creating opportunities for them to network, integrate with the local community and understand the culture.

Somerset Olympia has also become the first serviced residence in Makati to offer wireless Internet connectivity in the common areas. This allows guests to access the web and email at several times the speed of dial-up connections and without cumbersome cables.

Somerset Olympia is conveniently located near prime business, shopping, leisure and entertainment areas such as the Philippine Stock Exchange, Citibank Tower, Ayala Shopping Center, Glorietta and Greenbelt Mall. It is also a 10-minute walk from the Mass Railway Transit (MRT).

In Manila, Ascott also operates the 138-unit Somerset Millennium in Legaspi Village and 150-unit Somerset Salcedo in Salcedo Village.

"With three upper-tier residences in Manila, Ascott will be able to reap economies of scale and drive cost savings through clustering across its properties in the city," he added.