Ascott's Record Global Expansion in 2025

CapitaLand Investment===The Ascott Limited, a wholly owned lodging business unit of CapitaLand Investment, achieved a record 19,000 unit signings across 102 properties in 2025, marking a 27% year-on-year growth. This expansion was driven by an asset-light strategy, accelerating franchise momentum, and strong conversion activity, particularly in higher-fee segments like resorts and branded residences. CapitaLand Investment===The Ascott Limited entered over 10 new cities across Asia Pacific and Europe, including New Zealand===Wellington, New Zealand, and Taiwan===Taipei, Taiwan, expanding its global footprint to over 230 cities in more than 40 countries. Key developments include the debut of the lyf brand in New Zealand===Wellington and the launch of Ascott Nangang Taiwan===Taipei in a prime business district. The company also significantly expanded its resort portfolio with 15 new signings and its branded residences portfolio by over 1,000 units. Franchise agreements accounted for over a quarter of new units, with notable deals in China through a joint venture with Jinjiang International and a large Oakwood resort in South Korea. Over 38% of units signed were conversions, demonstrating CapitaLand Investment===The Ascott Limited's ability to quickly reposition assets and accelerate revenue generation. This growth positions CapitaLand Investment===The Ascott Limited to exceed its S$500 million fee target.