Ascott posts 55% surge in signings to 7,300 units in 2025
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Ascott Limited, the lodging arm of CapitaLand Investment, reported a 55% increase in signings, reaching 7,300 units in Southeast Asia for 2025, up from 4,700 in 2024. The company has over 200 operational properties and a pipeline of about 150 projects, with more than 25 new properties expected to launch in the next year. Ascott plans to expand into 20 new cities across several countries, with 30% of its development pipeline coming from conversions of existing properties.
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