Phu Quoc, Vietnam, 21 May 2025 – The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), has been appointed by TTC Phu Quoc to manage Citadines Selavia Phu Quoc, a landmark development set to redefine hospitality on the island. This marks Ascott’s first collaboration with TTC Group, one of Vietnam’s foremost real estate developers, and introduces the Citadines brand to Phu Quoc for the first time. It also expands Ascott’s portfolio in Vietnam to 37 properties, including both operational and pipeline developments. Strategically located along the island’s central connection route, Citadines Selavia Phu Quoc is approximately 15 kilometres from Phu Quoc International Airport and just 5.5 kilometres from An Thoi Town, offering easy access for both domestic and international travellers. The property is near popular attractions such as Ông Thoạng Cape, Prince Temple and the picturesque Khem Beach. Set along over 2.5 kilometres of pristine coastline with powdery white sand and clear turquoise waters, it offers a premium beachfront experience, ideal for families, leisure travellers and MICE groups alike. Citadines Selavia Phu Quoc will occupy the main hotel and condotel tower within the larger Selavia Phu Quoc integrated development – a vibrant tourism and lifestyle destination that also features five other condotel blocks, retail shophouses, a future waterpark and an international marina. Slated to open in 2027, it will offer 369 units comprising a mix of hotel rooms and condotel apartments. Guests will enjoy a full suite of premium amenities, including an all-day dining restaurant, spa with onsen facilities, outdoor swimming pool, fully equipped fitness centre, ballroom and multiple function rooms for meetings and events. The debut of Citadines in Phu Quoc marks a key milestone in raising the bar for international-standard hospitality in Vietnam’s southern coastal region. In recent years, Phu Quoc has emerged as a leading destination, attracting a growing number of domestic and international visitors. The island captivates with its pristine coastline, lush landscapes and expanding infrastructure, including an international airport and world-class leisure offerings. As today’s travellers seek curated stays that combine comfort, elegance, wellness and authentic cultural experiences, demand for globally managed, lifestyle-oriented hospitality concepts is rising. Citadines Selavia Phu Quoc is well positioned to meet these evolving expectations and deliver a distinctive island experience. Ms Wong Kar Ling, Chief Strategy Officer, Ascott and Managing Director, Southeast Asia, Ascott, said: “As Vietnam accelerates its urban transformation and strengthens its global
