The Ascott Limited, CapitaLand’s lodging arm, is set to create more than 12,000 new jobs worldwide as it accelerates its expansion across key markets. With strong travel recovery and rising demand for extended-stay and serviced apartment offerings, Ascott is preparing to open dozens of new properties over the next year.

These roles span hospitality operations, management, guest services and digital transformation — a major boost for the global workforce within one of the fastest-growing accommodations sectors.

Where Will the New Jobs Be Created?

Ascott’s upcoming property openings are spread across Asia-Pacific, Europe, the Middle East and Africa. The majority of new jobs are expected in:

• Southeast Asia – continued tourism rebound and business travel growth
• China and North Asia – large pipeline of serviced residences
• Middle East – expanding premium hotel and apartment footprint
• Europe – strategic openings in gateway cities

Why Ascott Is Hiring Aggressively

Strong recovery in hospitality performance and rising demand for flexible living solutions are driving Ascott’s confidence. Its diverse portfolio — from hotels to co-living and serviced residences — positions the brand to capture different segments of business and leisure travel.

New Properties to Watch

Some of the notable upcoming openings include:

• Citadines and Somerset properties in major Southeast Asian cities
• The Crest Collection luxury openings in Europe and Asia
• lyf co-living expansions aimed at younger, mobile professionals

These openings reinforce Ascott’s goal of scaling to over 200,000 units globally in the coming years.

Positive Impact on Local Economies

Beyond operations, the creation of 12,000 new jobs will support:

• Local employment and community development
• Tourism sector recovery and resilience
• Business travel and global mobility trends
• Property demand around key hospitality clusters