Ascott Accelerates Growth in Europe with Portfolio Expansion and Global Partnership with Chelsea FC
The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), has announced several major milestones in the European market as it accelerates its global expansion strategy. These include the addition of six new properties to its European portfolio, marking the debut of The Unlimited Collection brand and expansion of the lyf brand in the region. Building on a growing demand for Ascott’s suite of brands, these new signings will boost Ascott’s portfolio in Europe by 14% to about 8,000 units across six brands, and extend Ascott’s presence in the region to 29 cities from 24.
