ASAP Member Ascott has stepped up its global expansion this year, with a record opening of around 7,500 units in over 40 properties across 30 cities and 13 countries, as well as signing 25 new franchise and management contracts with more than 3,400 units, and closing the year with the signing of over 14,100 units across about 100 properties.

The 25 new properties across 19 cities and nine countries marked Ascott’s foray into new cities including those in Vietnam and Ivory Coast, as well as expansion in Australia, China, Indonesia, Malaysia, the Philippines, Singapore and Thailand.

Pictured: Ascott Gurney Penang, Ascott Riviera Golf Abidjan and Quest Wangaratta (main picture) are among the 25 new franchise and management contracts signed by The Ascott Limited (Ascott).

News release – Ascott opens record 7,500 units and signs over 14,100 units in 2019 to boost fee income