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Ascott marks its 10th anniversary in Hong Kong

HONG KONG – CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott) has unveiled two Citadines properties in Hong Kong. | eTurboNews | Trends | Travel News ....

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Ascott Exceeds 2019 Record Growth To Add Over 14,200 Units Globally In 2020 Despite Covid-19

CapitaLand s wholly owned lodging business unit, The Ascott Limited (Ascott) has added a record of over 14,200 units across 71 properties globally for 2020. Despite COVID-19, this exceeds the number of units secured in 2019, marking a fourth consecutive year of record growth for Ascott. ....

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Ascott Reports Record Year; Adds Over 14,200 Units Across 71 Properties in 2020

Ascott Reports Record Year; Adds Over 14,200
Units Across 71 Properties in 2020
(12 Jan 2021)
Ascott added over 14,200 units across 71 properties
globally in 2020, exceeding the number of units secured in 2019
and marking a fourth consecutive year of record growth for the
company.
In China, Ascott has also achieved an 80%
year-on-year growth in units when compared to 2019.
The new properties secured will boost Ascott’s
annual fee income by over S$27 million as they progressively open
and stabilise.
Since October 2020, Ascott has added more than 4,900
units across 23 properties. This includes over 3,800 units across
17 properties in China. Ascott will make its first foray into the
city of Yangzhou while expanding in other cities such as Beijing, ....

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