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Ascott plans to double its lodging units in India to 12,000 by 2028, expanding into tier cities.
Ascott, owned by CapitaLand Investment, plans to double its lodging units in India to 12,000 by 2028, up from 5,500 units at the end of 2024.
The company added 600 units in Q1 2025 through signings in Goa, Lucknow, and Thanjavur.
Ascott aims to expand in Tier-1 cities like Bangalore and Chennai, while also focusing on Tier-2 and Tier-3 cities.
The company will introduce new brands like lyf to cater to urban millennials and enhance cultural experiences.
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Ascott planea duplicar sus unidades de alojamiento en la India a 12.000 para 2028, expandiéndose a ciudades de nivel.