Floating Button

Ascott adds over 7,300 units across Southeast Asia in ‘strongest-ever’ year for signings

Gerine Tang Yi Qian
Gerine Tang Yi Qian • 6 min read
Ascott adds over 7,300 units across Southeast Asia in ‘strongest-ever’ year for signings
Set to become Ascott’s ‘largest full-service Mice hotel and a landmark events and hospitality destination in Vietnam’s capital’, Ascott Tay Ho Hanoi is located on the shores of West Lake in Hanoi’s upscale Tay Ho District. Photo: The Ascott
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.
Add as a preferred source on Google

The Ascott, a wholly owned lodging business unit of CapitaLand Investment (CLI), has added more than 7,300 units across the region in 2025 — a 55% y-o-y increase — marking its strongest signing performance in Southeast Asia to date.

This places Ascott among the top three hospitality companies in the region by new signings in 2025, according to New York-headquartered hospitality, tourism and leisure consultancy Horwath HTL.

The growth underscores “strong owner confidence in Ascott’s brands and its proven ability to convert signings into operational properties at scale”, says Ascott in an April 20 announcement.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.