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Ascott Accelerates Oakwood Signings To Capture Rising Demand For Bleisure Travel, Launches Heartfelt Culinary Campaign To Celebrate The Brand’s Commitment To Comfort And Connection

  • Secures 16 Oakwood signings in 2024, reflecting a 30% year-on-year growth
  • Adds four new Oakwood Premier properties in Adelaide, Bali, Shenzhen and Singapore
  • Adds Bali to Oakwood’s growing portfolio of resort destinations, which includes Batam, Chongli and Ha Long
SINGAPORE - Media OutReach Newswire - 23 January 2025 - The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), has accelerated the expansion of its Oakwood brand, signing 16 new properties in 2024 – a 30% increase over the previous year.

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