Hoteliers see ‘aparthotel’ competition

Business & Finance
17 Feb 2023 • 10:41 AM MYT
Daily Express
Daily Express

Daily Express Online (Malaysia) is Sabah's top-ranked & most viewed English news site. It is also Sabah's leading & most circulated daily English newspaper.

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Kota Kinabalu: The post-Covid recovery year marks the completion and opening of another business competitor called ‘The Shore’, a towering building beside Bank Negara here with a hotel serviced apartment component, reportedly in the past be managed under the Ascott–Citadines brand affiliation.

The Ascott Limited (Ascott) belongs to Singapore government’s CapitaLand Investment Limited’s (CLI) as its wholly owned lodging business unit which acquired the Citadines chain in Europe in 2004.

Citadines means ‘city dwellers’ in French and aims to win over travellers who seek quality city living.

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