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The Ascott positions itself for growth and tie-ups with global firms

It aims to have 80,000 units by 2020, from 52,000 units today. It wants to expand in the US and enter Africa

Nisha Ramchandani

Published Mon, Jan 9, 2017 · 09:50 PM

CapitaLand

Singapore

SERVICED-residence operator The Ascott is banking on innovation, partnerships and new capabilities as it positions itself for the future in a dynamic operating environment.

This includes tie-ups with online vacation rental business Tujia and Ali Baba-backed Alitrip, as well as talking to international start-ups to explore potential disruptors and emerging business models.

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