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The Times


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Ascott Accelerates Vietnam Expansion With Nine Signings in 1H 2026, Growing Portfolio by Over 30%

  • Signs four new projects with longstanding partner Sun Group and five with owners new to Ascott, adding over 3,200 units
  • Deepens presence in Hanoi, Ho Chi Minh City and Hai Phong, expands along the coast in Da Nang and Phu Quoc, and enters Quy Nhon for the first time
  • Debuts The Crest Collection in Vietnam, with signings spanning seven brands
  • Expects signing momentum to continue in 2H 2026

SINGAPORE - Media OutReach Newswire - 30 July 2026 - The Ascott Limited (Ascott), a Singapore-headquartered global hospitality company wholly owned by CapitaLand Investment (CLI), has signed management agreements for nine properties totalling more than 3,200 units in Vietnam in the first half of 2026, its fastest pace of growth in the country to date.

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