In China, the lodging business unit achieved an 80% y-o-y growth with the addition of over 9,400 units secured in the country.
CapitaLand’s wholly-owned lodging business unit, The Ascott Limited, has added over 14,200 units across 71 properties around the world in 2020.
The figure exceeds the number of units added in 2019, making 2020 the fourth consecutive year of growth for Ascott.
