Ascott Limited Launches Talent Development Programs to Fuel Global Expansion

CapitaLand Investment Limited ( (SG:9CI) ) has issued an announcement.

The Ascott Limited is enhancing its talent development initiatives to support the opening of over 300 new properties by 2028, which will create more than 12,000 new jobs. The company has launched ‘Ascott Accelerate,’ a program aimed at fast-tracking high-potential talent into leadership roles, alongside a new digital learning platform. These initiatives are part of the Ascott Global Academy for Excellence, which aims to build a future-ready workforce and achieve over S$500 million in fee-related earnings by 2028. Ascott’s growth strategy includes expanding its portfolio beyond serviced residences to include various accommodation types, reinforcing its position as a preferred hospitality company.

The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.

More about CapitaLand Investment Limited

The Ascott Limited, a wholly owned lodging business unit of CapitaLand Investment Limited, operates in the hospitality industry. It offers a diverse range of accommodations including serviced residences, hotels, resorts, social living spaces, and branded residences. The company has a global presence with over 990 properties in more than 230 cities, focusing on a multi-typology brand strategy to cater to various market needs.

Average Trading Volume: 11,871,974

Technical Sentiment Signal: Buy

Current Market Cap: S$12.96B

See more insights into 9CI stock on TipRanks’ Stock Analysis page.