Ascott to create over 12,000 jobs for over 300 new properties by 2028

Ascott, the lodging business of CapitaLand Investment (CLI), expects to create more than 12,000 jobs — including 1,500 property leadership roles — to support the opening of more than 300 properties by 2028.

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Ascott, the lodging business of CapitaLand Investment (CLI), expects to create more than 12,000 jobs — including 1,500 property leadership roles — to support the opening of more than 300 properties by 2028. It will launch talent development efforts in preparation, the company said on May 14. This comes a month after it announced three new agreements to add 600 units to its India portfolio — a move that grew its total portfolio in the country to around 6,100 units across 22 properties — and the group's target to hit more than $500 million in fee-related earnings by 2028.

Ascott Accelerate, a fast-track structured talent management programme aimed at preparing high-potential staff for leadership positions that will be supported by a new digital learning platform, will be launched.

Ascott will continue to develop its staff as the business grows and diversifies, said Mr Lee Ngor Houai, Ascott chief operating officer for Europe, Middle East, Africa, South Asia and China.