ASCOTT INTERNATIONAL MANAGEMENT

A wholly owned business unit of CapitaLand Investment Limited, Ascott is a leading vertically-integrated lodging operator. Harnessing its extensive network of third-party owners and in-market expertise, Ascott grows fee-related earnings through its hospitality management and investment management capabilities. Ascott also expands its funds under management by growing its sponsored CapitaLand Ascott Trust and private funds. In Vietnam, Ascott is the leading international serviced residences and hotels owner-operator with nearly 9,000 units of 35 properties in Lao Cai, Hanoi, Hai Phong, Ha Long, Da Nang, Hoi An, Nha Trang, Cam Ranh, Vung Tau, Ho Chi Minh City, and Binh Duong. The Ascott Vietnam’s achievements have been recognised internationally. Ascott Vietnam was awarded the World Travel Awards for the ‘Leading Serviced Apartment Brand in Vietnam’ in 2022. Additionally, Ascott has received several prestigious awards in Vietnam, such as the Golden Dragon Award for ‘Leading International Hotel Owner-Operator in Vietnam 2022-2023’ presented by Vietnam Economic Times and the Ministry of Planning and Investment, The Guide’s award for ‘Trusted Brand,’ as well as awards like ‘Top 50 Most Reputable Employer Brands in Vietnam’ and ‘Best Serviced Residence Brand with Outstanding Services’.