Ascott strengthens leadership team in Southeast Asia with key appointments

The Ascott Limited, a lodging business unit wholly owned by CapitaLand Investment (CLI), today announced the appointment of industry veterans David Cumming and Kanit Sangmookda to lead fast-growing markets within the group’s Southeast Asia portfolio. David Cumming joins as Regional General Manager for Vietnam, Cambodia and Myanmar, and Kanit Sangmookda joins as Country General Manager for Thailand and Laos. These senior appointments support Ascott’s strategic goals to capitalise on the emerging opportunities in the region.

David Cumming

Ascott ramps up efforts to drive asset-light growth with key appointments in Development Team

The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment, today announced that it is expanding its global business development team with the appointment of Ryan Chen and Dulaphan Amatyakul as Vice Presidents of Business Development. This move is in line with Ascott’s commitment to drive asset-light growth and reiterate its confidence in the travel and hospitality landscape, as it targets to double its fee revenue to over S$500 million in the next five years. Both Ryan and Dulaphan will report to Serena Lim, Chief Growth Officer at Ascott, who was appointed earlier this year.

Ryan Chen

Ascott expands footprint of The Crest Collection to Asia

The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment, is set to debut The Crest Collection — a global portfolio of charming bespoke hotels and serviced residences that integrates heritage stories with curated hospitality experiences, in Singapore, China and Vietnam. The Crest Collection will also continue to grow its current portfolio in France with the addition of its fifth property in Saint-Germain-des-Prés, Paris. To date, Ascott has secured over 1,000 units across eight properties under The Crest Collection. Ascott has more properties under the brand in the pipeline, in key travel destinations such as Jakarta, Bangkok, Tokyo, Osaka and London.

Ascott expansion 2021

New Citadines Islington London

Housed in an Edwardian building that was once a Royal Mail Sorting Office, Citadines Islington London features four stylish and contemporary apartment types, each designed to appeal to the modern traveller, whilst drawing on the property’s and Islington’s colourful heritage. 

New Citadines Islington London
Global News

Ascott transforms its digital ecosystem

Ascott aims to drive revenue growth, improve operational efficiency and enhance value to its customers and business partners through a comprehensive front-to-backend systems makeover. @Ascott_Ltd

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