The Ascott expands in Asia
Chris Bown
04 Oct 2024
Capitaland’s Ascott business is having a major growth push in southeast Asia, signing new aparthotels across its brand portfolio
Capitaland’s Ascott business is having a major growth push in southeast Asia, signing new aparthotels across its brand portfolio
Indonesia will require a healthy hotel pipeline as it continues to post a steady recovery in foreign visitor numbers.
Indonesia will be able to rely on a growing high end hotel pipeline as it seeks to recover its tourism industry after the ravages of the pandemic.
A peek inside the TOPHOTELPROJECTS construction database reveals that many of Indonesia’s new hotel projects are concentrated around Jakarta and Bali.
A peek into the TOPHOTELPROJECTS construction database shows that South-East Asia’s hotel market looks very promising, with Thailand, Vietnam and Indonesia all growing rapidly.
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