Ascott adds over 14,200 units globally in 2020

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No These will boost Ascott’s annual fee income by over $27m. 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, marking a fourth consecutive year of record growth for the group. The new properties secured will boost Ascott’s annual fee income by over $27m as they progressively open and stabilise. read more