The hospitality division of CapitaLand Investment (CLI), Ascott Limited (Ascott), has revealed new significant appointments in the areas of business development, strategy, and operations. These appointments are aimed at bolstering its worldwide expansion in managing and franchising agreements, while also driving strategic growth. This move is part of Ascott’s new growth strategy to reach a fee revenue target exceeding S$500 million by 2028.
The list of appointments includes:
• Vice President of Business Development for Hong Kong, Taiwan, the Philippines, and Vietnam, Ms. Venessa Koo
• Vice President of Business Development for Singapore, Malaysia, and Indonesia, Mr. Teo Junrong
• Vice President of Business Development and Product & Technical Services for Europe, Middle East, and Africa (EMEA), Mr. Thomas Lamson
• Managing Director for China, Mr. Joseph Wong
• Vice President of Global Franchise Services and Regional General Manager for Indochina, Mr. Steven Chan
• Vice President of Strategy and Regional General Manager for the Philippines and Malaysia, Ms. Sophie Mougel
Ever since the establishment of The Ascott Singapore in 1984, Ascott has emerged as a reputable hospitality company with a portfolio of over 950 properties in more than 220 cities in over 40 countries across Asia Pacific, Central Asia, Europe, the Middle East, Africa, and the USA.
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