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Ascott secures contracts for 26 properties, boosting portfolio to over 100,000 units

Samantha Chiew
Samantha Chiew • 2 min read
Ascott secures contracts for 26 properties, boosting portfolio to over 100,000 units
SINGAPORE (Jan 21): CapitaLand’s wholly-owned lodging business unit, The Ascott Limited, has secured contracts for another 26 properties with more than 4,600 units across 18 cities and 11 countries.
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SINGAPORE (Jan 21): CapitaLand’s wholly-owned lodging business unit, The Ascott Limited, has secured contracts for another 26 properties with more than 4,600 units across 18 cities and 11 countries.

With the new contracts, Ascott’s global portfolio will include more than 100,000 units in 172 cities across 33 countries. This marks Ascott’s second consecutive year of record growth.

Ascott entered the Netherlands market with the signing of Citadines Sloterdijk Station Amsterdam, a franchised property in Amsterdam.

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