The Ascott Limited, the lodging arm of CapitaLand Investment, recorded its strongest-ever performance in Southeast Asia in 2025, signing over 7,300 units—up 55% year-on-year.
The company now has more than 200 operational properties and a pipeline of around 150 across the region, with over 25 new openings expected in the next 12 months. This growth positions Ascott among the top three hospitality players in Southeast Asia by new signings.
The expansion is driven by resilient tourism demand, rising intra-regional travel, and a highly fragmented hotel market, where independent properties dominate supply. Ascott is leveraging this opportunity through a mix of new developments and conversions, with nearly 30% of its pipeline coming from repositioned existing assets to enable faster market entry.
A key highlight is Ascott Tay Ho Hanoi, set to become the company’s largest full-service MICE property in Vietnam, featuring over 1,100 rooms and extensive event infrastructure by 2027.
Ascott’s strategy focuses on a multi-typology approach, spanning serviced residences, hotels, resorts, social living spaces, and branded residences. The company is also expanding into nearly 20 new cities across Southeast Asia, including emerging leisure and business destinations.
With a strong pipeline and increasing owner interest, Ascott is positioning Southeast Asia as a core growth engine while strengthening its presence across both urban and resort markets.
