
CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott) has added a record number of over 14,200 units across 71 properties worldwide for2020, with the aim of growing its global portfolio to 160,000 units by 2023. DespiteCOVID-19, this exceeds the number of units secured in 2019, marking a fourth consecutive year of record growth for the group.