ASCOTT STRENGTHENS SENIOR MANAGEMENT TEAM FOR ITS THAILAND AND LAOS CLUSTER

Thursday 06 May 2021 10:25
CapitaLand's wholly owned serviced residence business unit, The Ascott Limited (Ascott) announces new appointments to strengthen its senior management team for Thailand and Laos cluster.
ASCOTT STRENGTHENS SENIOR MANAGEMENT TEAM FOR ITS THAILAND AND LAOS CLUSTER

Joining the team in April 2021 as the cluster's Director of Sales & Marketing is Ms. Myra Abelido-Regner who has over 20 years of experience in hospitality sales & marketing. Her last held position was Director of Sales & Marketing of Anantara Siam Bangkok Hotel. Prior to that, she was Director of Sales & Marketing of Shangri-La's Mactan Resort & Spa in Cebu, Philippines. Earlier in her career, she spent almost a decade in Mainland China having worked for the Kerry Hotel Pudong, Shanghai, Kerry Hotel Beijing, and Grand Hyatt Beijing.

Commenting on her appointment, Myra said: "I am delighted to be working with Ascott, one of the leading international lodging owner-operators. It is an exciting time to join Ascott in Thailand during their period of expansive growth and incredible to have this opportunity to lead its dynamic sales & marketing team."

To complete the team, Ascott welcomed Ms. Patricia Lai as Financial Controller from April 2021. Patricia oversees the finance, accounting, control assurance, and procurement functions of the entire cluster. She was transferred from Ascott International Management (Vietnam) Company Limited where she spent 7 years in Hanoi, Vietnam in similar roles including supporting the business development team in venturing into Cambodia and Myanmar markets.

Before joining Ascott, Patricia worked for PwC and KPMG Singapore for about 9.5 years and her areas of expertise are in audit and assurance services, particularly for reputable multinational corporations based in Singapore. She holds a professional degree from the Association of Chartered Certified Accountants, and she is also a Certified Public Accountant with the Institute of Singapore Chartered Accountants.

"I am very excited to be joining the Ascott team to expand our footprint in Thailand and Laos. I look forward to working with the executive committee in their objective to achieve the delivery of the company's global growth strategy", said Ms. Lai.

Mr. Brian Tan, Country General Manager for The Ascott Limited in Thailand & Laos, says of their appointments: "We are so excited to welcome Myra and Patricia to the cluster. They will add considerable experience and strength to our senior management team as we prepare to expand our operational units from the current 15 properties (2,800 units) to possibly 21 properties (4,600 units) by next year. Across the two countries, including projects under development, we are planning to grow beyond the existing 24 properties and to breach the 5,000-unit threshold soon enough. The future is bright!"

About The Ascott Limited

The Ascott Limited is a Singapore company that has grown to be one of the leading international lodging owner-operators. Ascott's portfolio spans more than 180 cities across over 30 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa and the USA. Ascott has more than 66,000 operating units and close to 46,000 units under development, making a total of more than 112,000 units in over 700 properties. The company's serviced residence and hotel brands include Ascott, Citadines, Citadines Connect, Somerset, Quest, The Crest Collection, lyf, Preference, Vertu, Harris, Fox, Yello and POP!. Ascott, a wholly owned subsidiary of CapitaLand Limited, pioneered Asia Pacific's first international-class serviced residence with the opening of The Ascott Singapore in 1984. Today, the company boasts over 30 years of industry track record and award-winning brands that enjoy recognition worldwide. Ascott's achievements have been recognised internationally. Recent awards include World Travel Awards 2019 for 'Leading Serviced Apartment Brand' in Europe and the Middle East; Business Traveller Asia-Pacific Awards 2019 for 'Best Serviced Residence Brand'; DestinAsian Readers' Choice Awards 2019 for 'Best Serviced Residence Brand'; and TTG China Travel Awards 2019 for 'Best Serviced Residence Operator in China'. For a full list of awards, please visit www.the-ascott.com/…s.html.

About CapitaLand Limited

CapitaLand is one of Asia's largest real estate companies headquartered and listed in Singapore. The company leverages its significant asset base, design and development capabilities, active capital management strategies, extensive market network and operational capabilities to develop high-quality real estate products and services. Its diversified global real estate portfolio includes integrated developments, shopping malls, serviced residences, offices and homes. Its two core markets are Singapore and China, while Indonesia, Malaysia and Vietnam have been identified as new growth markets. The company also has one of the largest real estate fund management businesses with assets located in Asia.

CapitaLand's listed real estate investment trusts are CapitaLand Mall Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust and CapitaLand Malaysia Mall Trust.

Visit www.capitaland.com for more information.

Issued by: Ascott International Management (Thailand) Limited

Website: www.the-ascott.com

Source: Ascott International Management (Thailand) Ltd.