Ascott, which calls itself the world’s largest serviced residence owner-operator, is expanding its footprint in India in cities like Mumbai, Delhi and Pune, adding to its $250 million investment in seven upcoming properties.
“India is an important market for us. There is a big untapped demand but limited supply of serviced residences,” said Ronald Tay, the chief investment officer of the Singapore-based company………………………………………Full Article: Source