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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

The living area of a unit in Ascott Orchard (above), targeted at medical tourists and corporate travellers.

Ascott CEO Lee Chee Koon says average occupancy stands at 80 per cent.


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...