This year, The Ascott plans to open five more lyf properties in cities: Bangkok, Cebu, Kuala Lumpur, Melbourne and Xi’an. Come 2025, another five are slated to open in Beijing, Danang, Ho Chi Minh City, Manila and Paris.
CapitaLand Investment’s (CLI) wholly-owned lodging business unit, The Ascott has set a target to sign 150 properties with over 30,000 units under its lyf co-living brand by 2030.
Ascott currently has 17 lyf co-living properties with over 3,200 units in 14 cities and nine countries.
