The Ascott opens its first serviced residence in Paris under new Suites label

CapitaLand's serviced residence business unit, The Ascott, has opened Citadines Suites Louvre Paris, its first property under the Suites label in Paris.

Citadines Suites is a new label under Singapore-based Ascott's Citadines brand that complements its existing Citadines Prestige and Citadines Apart'hotel labels.

Mr Tan Choon Kwang, Ascott's managing director for Europe, said: "We are proud and excited to open our first property under the Citadines Suites label."

The property underwent an extensive nine-month transformation into a serviced residence with 51 apartment suites, while preserving the historic building's unique European features, at a cost of €5.9 million.

Dating back to 1908, the seven-storey building has a striking Art Nouveau stone façade adorned with classic Parisian balconies, sculptures and colonnades. Renowned British designer London architects BuckleyGrayYeoman handled the interior décoration.

Designed as a boutique-style luxury residence, Citadines Suites offer four suite categories: Première, Exclusive, Grande and Royale.

All Exclusive and Royale suites have a balcony that offers views of the Comédie Française Theatre or Louvre museum.

The Ascott operates three brands of serviced residences - Ascott, Citadines and Somerset.