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.
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.
