The Ascott Limited (Ascott), the wholly owned lodging business unit of CapitaLand Investment (CLI), is scaling its global resort footprint through asset-light expansion. Riding on growing demand for experiential stays, Ascott now has around 50 properties in resort destinations in operation and
Ascott
The Ascott Limited (Ascott), a leading global hospitality operator today, today announced plans to achieve a 20% annual growth rate over the next five years in the Middle East, Africa, and Turkey (MEAT) region — setting a bold pace for expansion as the region’s hospitality and tourism sectors undergo rapid transformation. Ascott’s growth ambitions align […]
The Ascott Limited (Ascott), the leading lodging owner-operator in the Middle East, announces its robust expansion plans in the MENA region, aligning with its regional target of reaching 10,000 units by 2025. Ascott’s tenacious expansion strategy will include the introduction of new Ascott brands and 5,500 new units with a focus on the United Arab […]
The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), today marked the 5th year of its global loyalty platform, Ascott Star Rewards (ASR), with record results from FY 2023. Having grown exponentially since its launch in April 2019, Ascott achieved its highest ever room revenue from ASR members last year […]













