ASAP Member Ascott has added a record of over 14,200 units across 71 properties globally in 2020, more than in 2019, marking a fourth consecutive year of record growth.

Ascott has also achieved an 80% year-on-year growth in units in China compared to 2019. It added more than 4,900 units across 23 properties during the final quarter, including over 3,800 units across 17 properties in China.

Outside China, Ascott has sealed contracts for over 1,000 new units across 6 properties in markets such as Doha, Manila, Singapore, Sydney, and two in Vietnam, where Ascott will introduce its first lyf coliving property and first Citadines Connect business hotel in the country.

News Release - Ascott exceeds 2019 record growth to add over 14200 units globally in 2020 despite COVID-19_Final