Category: News

Ascott Opens Over 56% More Units In H1 2022 Across 20 New Properties

CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) has opened 20 properties with more than 4,500 units in H1 2022, a 56% year-on-year (y-o-y) increase in units. In addition, Ascott has recently completed its acquisition of Oakwood Worldwide (Oakwood) in July 2022, expanding its portfolio by about 15,000 units, to

Smart Device Penetration Surges In The Middle East By 23% YoY

In response to the growing demand for mobile-focused digital transformation in the Middle East, mobUX, the leading mar-tech digital platform for mobile experiences, is expanding its presence to the region. The company will be supporting businesses in the Middle East, where the current smart device penetration is only 40%, to connect with their consumers through unique

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