Ascott chief takes on additional role as CapitaLand’s lodging CEO

by Dina Maaty | Published 6 months ago

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CapitaLand Limited (CapitaLand), one of Asia’s largest diversified real estate groups, has announced the appointment of Kevin Goh as its new chief executive officer, Lodging.

In this new role, according to the group, Goh will oversee CapitaLand Group’s lodging business. Lodging is one of the three pillars of the Group’s strategic businesses for sustainable growth, together with the other two pillars being Fund Management and Investment/Development.

Goh is also the CEO of The Ascott Limited, CapitaLand’s wholly owned lodging business unit, an appointment he held since 2018.

Mr. Goh has been with the CapitaLand Group since May 2007 and has taken on various leadership positions in Ascott such as Chief Operating Officer, Managing Director of North Asia and Regional General Manager for East and South China. He is a key member of the senior leadership team responsible for managing and executing the Group’s growth strategies.

The Ascott Limited currently has 26 properties in operation and the pipeline across the Middle East, Africa and Turkey region. Ascott’s current portfolio comprises 11 operational properties, including Ascott Park Place Dubai (UAE), Citadines Metro Central Dubai (UAE), Ascott Corniche Al Khobar (KSA), Ascott Sari Jeddah (KSA), Ascott Tahlia Jeddah (KSA), Citadines Al Salamah Jeddah (KSA), Spectrums Residence Jeddah (KSA), Ascott Rafal Olaya Riyadh (AROR), Somerset Panorama Muscat (Oman), Somerset Al Fateh (Bahrain), and Somerset Maslak Istanbul (Turkey).

Pipelined projects set to open in 2020 include Citadines Al Ghubrah Muscat (Oman), Ascott Villas Riyadh (KSA), Somerset City Centre Atyrau (Kazakhstan), Somerset Downtown Al Khobar (KSA), as well as Citadines Culture Village in Dubai (UAE).

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