Ascott achieves GSTC sustainability certification for half of eligible properties
Bangladesh, Nov. 11 -- The company, wholly owned by CapitaLand Investment, has completed certification of all eligible properties in seven markets and regions, including the Philippines, Malaysia, Japan, India, Laos, Europe, and Australia, according to a press release on November 11.
Ascott expects to complete certification of all its eligible properties in Indonesia by the end of 2026. This will add more than 50 properties to its certified portfolio, taking the share of certified properties to over 65%.
With the latest achievement, Ascott has become the first hospitality company in the Philippines, Malaysia, and Japan to secure GSTC certification for all its eligible properties.
GSTC certification requires properties to undergo indep...
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