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[BUSINESS] · Singapore, Vietnam · 4 sources

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The Ascott Limited expands in Vietnam and launches Singapore campaign

The Ascott Limited is significantly expanding its presence in Vietnam, signing management contracts for nine new properties. This move adds 3,200 units to its portfolio, representing a growth of over 30 percent. The company's Vietnamese footprint is expected to reach approximately 12,000 units across 42 properties in 14 cities. Four of these projects are collaborations with Sun Group, while five involve new owners. The new developments are slated for a phased opening starting in 2028.

In Singapore, Citadines has launched its 2026 activ∞ campaign, titled ‘Your City, Your Way’. The initiative aims to connect travelers with Singapore’s growing running culture by promoting urban exploration. As part of the campaign, Citadines has partnered with the outdoor brand Salomon to host a 5KM urban run on September 19, 2026.

Entities

Citadines · Salomon · Sun Group · The Ascott Limited · Vietnam

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