The Ascott Limited

The Ascott Limited is a Singapore company that has grown to be one of the leading international lodging owner-operators. It has more than 56,000 operating units in key cities of the Americas, Asia Pacific, Europe, the Middle East and Africa, as well as over 39,000 units which are under development, making a total of more than 95,000 units in over 640 properties.

The company’s brands include Ascott, Citadines, Somerset, Quest, The Crest Collection, lyf, HARRIS, FOX HARRIS, YELLO, POP!, Préférence and HARRIS Vertu. Its portfolio spans more than 160 cities across over 30 countries. Ascott’s properties can be found in cities including New York, London, Paris, Brussels, Berlin and Barcelona in Europe; Singapore, Bangkok, Hanoi, Kuala Lumpur, Tokyo, Seoul, Shanghai, Beijing and Hong Kong in Asia; Melbourne and Perth in Australia, Bangalore and Chennai in India; Dubai, Doha and Manama in the Middle East as well as Ghana in Africa.

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. In 2006, it established the world’s first Pan-Asian serviced residence real estate investment trust, Ascott Residence Trust. Today, the company boasts over 30 years of industry track record and award-winning brands that enjoy recognition worldwide.

As an employer, The Ascott Limited is proud to be recognised by Tripartite Alliance for Fair & Progressive Employment Practices (TAFEP) as a Human Capital Partner (HCPartner), and commended for their efforts in investing in human capital development and adopting fair and progressive workplace practices.

Ascott’s parent company, CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, it is an owner and manager of a global portfolio worth over S$92 billion as at 30 September 2018, comprising integrated developments, shopping malls, lodging, offices, homes, real estate investment trusts (REITs) and funds. Present across more than 160 cities in over 30 countries, the Group focuses on Singapore and China as core markets, while it continues to expand in markets such as Vietnam and Indonesia.

The Ascott Limited Vietnam

To date, Ascott has contributed a total sum of VND 230 million towards relief efforts in Vietnam. Their contributions have supported the retrofitting of houses for the underprivileged, and supported the education of more than 400 children in Ho Chi Minh City, and the Dong Nai and Nam Dinh provinces. Donations include contributions from staff and residents at the Somerset properties in Hanoi, and Ho Chi Minh City.

Ascott’s Somerset Chancellor Court gifted four retrofitted houses, costing a total of VND 80 million to the poor in the Binh Khanh commune in Ho Chi Minh City’s Can Gio district.

Meanwhile in Hanoi, their staff also organised a trip to the Yen Loc A Primary School in the Nam Dinh province, to clean and paint furniture and to bring school supplies to its 300 students. Over 50 staff and residents from Hanoi and CapitaLand Vietnam participated in the event. Apart from helping with renovations, the volunteers also spent time engaging the students and teaching them Origami.

The team in Hanoi also held car and bike washes, and sold ‘Pencils of Promise’ – handmade craft made out of pencils, raising a total of more than VND 110 million for the school, which was used to rebuild two classrooms and purchase school supplies and other necessary equipment.

Twenty staff and residents from Ho Chi Minh City’s Somerset Serviced Residences visited the Die Phap orphanage in the Dong Nai province, to make donations in the form of food items, toys and books worth VND 40 million to over 100 children and elderly members of the community.

The Ascott Limited are a global network that offers ample opportunities for individuals seeking to expand their career horizons beyond boundaries. Company are present in over 130 cities across 30 countries across Asia Pacific, Europe, the Americas and the Gulf region.

People - The key to their continued success

Ascott's people come from different backgrounds and diverse cultures. The common thread that binds them is commitment towards delivering L.I.F.E. brand promise.

Both at work and at play, Ascott strive to exemplify core values: respect, integrity, creativity, and excellence. As a company with over 35 years of industry experience, their people work together the Ascott way - by being team oriented and open to new ideas. That is why their award - winning brands continue to enjoy recognition worldwide.

Recognising employees's contributions

Ascott encourage employees to grow to fullest potential. Employees will be presented rotational opportunities, giving the chance to be exposed to the multi-faceted nature of serviced residence operations.

Company performance-based reward structure recognises results and alignment with their corporate values. Through a total rewards model, Ascott want to thank employees for their contributions in driving Ascott’s continued success. More importantly, Ascott want to ensure that employees are well taken care of in the different stages of their life.

Total rewards package includes:

• Competitive market-based remuneration
• Performance based annual bonus
• Comprehensive leave system including annual, medical, hospitalization, examination, marriage, volunteer service leave and more
• Health insurance coverage
• Discounted vacation rates at residences
• Awards and recognition for going the extra mile in delivering their brand promise

Ascott both as an operator and owner of serviced residences, employees can develop skills in both hospitality and real estate management. To provide employees with a good grounding in their business, they will receive a comprehensive orientation and on-the-job coaching from experienced managers.

Global training institute, Ascott Centre for Excellence supports employees at every career milestone through targeted developmental programmes ranging from classes on functional and management skills training.

The Ascott Limited as a Human Capital Partner

The Ascott Limited is proud to be recognised by Tripartite Alliance for Fair & Progressive Employment Practices (TAFEP) as a Human Capital Partner (HCPartner), and commended for their efforts in investing in human capital development and adopting fair and progressive workplace practices.