India, February 22, 2024 - CapitaLand Investment Limited’s wholly owned lodging business unit, The Ascott Limited (Ascott), has announced the launch of its new aparthotel, Citadines Arpora Nagoa Goa. With a commitment to redefine relaxation and provide an unparalleled experience for guests, the opening of Citadines Arpora Nagoa Goa marks a significant milestone in Ascott’s expansion across newer territories in India. The launch activity was graced by Mr Hoshang Garivala, Country General Manager, The Ascott Limited India, Mr Rohan Rakendath Area General Manager, Ascott International Management India, Mr Ravi Michael, General Manager, Citadines Arpora Nagoa Goa and property owners – Hira Kalani, Dinesh Chuttani and Tarun Shah. With its sun-kissed beaches, vibrant culture, and a perpetual sense of celebration, Goa captivates the hearts of travellers from around the globe making it an ideal investment destination for the hospitality sector. Situated in the central zone of Nagoa, North Goa, along the famous Calangute-Mapusa Road, Citadines Arpora Goa captures the essence of Goa’s vibrant culture, providing a haven for both leisure and business travellers. The launch of this property will further elevate the fusion of modern sophistication and Goan charm, while preserving the rich cultural heritage of the area. The Goa market holds significant importance for Ascott as it represents a prime opportunity for visibility and growth. As Goa's tourism landscape evolves to meet changing preferences, Ascott aims to leverage the growing demand for experiential tourism among local and global travellers. Government policies focused on promoting niche tourism segments such as wellness, weddings, MICE, and ecotourism will serve to help the property expand its market presence in the region. Speaking at the launch Mr Garivala said, “We are delighted to introduce our latest offering, Citadines Arpora Nagoa Goa. Goa is a very important market for us and strategically significant to our growth in the region. This newest addition to the Ascott family marks an important milestone in our ongoing commitment to delivering exceptional hospitality. Our vision is to create a haven that seamlessly integrates the amenities of a serviced residence with an exceptional suite of hotel services and the captivating spirit of Goa. Ascott will be playing a bigger role in India’s hospitality sector with more property launches expected this year.” “At Ascott, our foundational principles of comfort, innovation, and sincere hospitality drive our mission to revolutionise the hospitality landscape. The grand unveiling of Citadines Arpora Nagoa Goa underscores our dedication to
