CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) has opened 20 properties with more than 4,500 units in the first half (H1) of 2022, a 56% year-on-year (y-o-y) increase in units.
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The Ascott Limited (Ascott) continues its tenacious Middle East and African expansion plans, building on its recent growth spree, opening five new properties in five different countries within the span of one month.