The Ascott Limited has achieved Global Sustainable Tourism Council (GSTC) certification for half of its eligible global portfolio. Fully certified markets now include the Philippines, Malaysia, Japan, India, Laos, Europe and Australia. Ascott expects to certify its eligible portfolio in Indonesia by the end of 2026, adding more than 50 properties and raising its global share of certified properties to over 65 per cent.
The Ascott Limited has partnered with DETECH Group to introduce the Oakwood Premier brand to Hanoi, Vietnam. Scheduled to open in 2029 within the My Dinh - Cau Giay central business district, the 127-unit hybrid hospitality project will expand Ascott’s nationwide footprint to 45 properties and over 12,300 units. The mixed-use scheme targets growing corporate, leisure and expatriate demand across the capital.
Vietnamese developer Sun Group has formed a strategic alliance with Singaporean operator The Ascott Limited. The deal introduces 1,700 premium accommodation rooms across Ho Chi Minh City and Phu Quoc. Four distinct international hospitality brands will be deployed to capture diverse traveler demographics. Notably, the partnership debuts the lifestyle concepts lyf and HARRIS in Vietnam, aiming to prolong visitor stays and elevate local tourism competitiveness.
