Ascott has won two top awards – one in China and the other in Vietnam – for the second year running.

In December 2007, Ascott was voted the 'Best Serviced Residence' by readers of TravelWeekly China for the second consecutive year. The annual TravelWeekly China Awards recognise the most outstanding performers in China's travel industry. Ascott bagged the award for both the inbound and outbound categories which were new categories introduced last year.

In Vietnam, Ascott was once again presented the prestigious Golden Dragon Award in 2007 for the ‘Best Foreign-Invested Enterprise’. The award is organised by the Vietnam Economic Times in conjunction with Vietnam's Ministry of Planning and Investment, with the support of several government agencies. It honours the success of foreign-invested enterprises in Vietnam and acknowledges the contributions of foreign investors to the country’s economy. Ascott first won the Golden Dragon Award in 2006, when it was the first Singapore-based international serviced residence company to be conferred the award.