• Arpit Pant will take on a broader leadership agenda to drive growth across brands in the company’s portfolio in India and the Subcontinent region
• In India, with the Oakwood acquisition, Ascott has now 6 properties in its current portfolio across the cities of Bangalore, Hyderabad, Pune and Chennai

India, 19 October 2023– CapitaLand Investment Limited’s (CLI) wholly-owned lodging business unit, The Ascott Limited (Ascott) announced the appointment of Arpit Pant as Director – Business Development for the Indian Subcontinent. Arpit brings a wealth of expertise of over two decades of experience in the hospitality industry, working with Hotels and Luxury Residences for leading business operations, asset management, business development, organisational setup, and regional roles across markets. Prior to joining the Ascott International Management team, India, he was associated with some leading companies including Oberoi Hotels & Resorts, Wyndham Hotels & Resorts and Preferred Hotels & Resorts.

In this key leadership role, Arpit will spearhead Ascott India’s strategic initiatives to expand presence in the dynamic Indian hospitality sector and enhance its portfolio of varied offerings. His vision and impeccable leadership will be instrumental in the growth plan of Ascott in India, while also identifying new business opportunities, nurturing partnerships and driving revenue growth. Onboarding Arpit in the leadership team will further strengthen the company’s commitment to India’s business in addition to the recent appointment of Anand Rai as Assistant Director- Business Development.

Additionally, Arpit Pant will be responsible for developing and executing comprehensive business development strategies, working alongside the executive team and supervising their effort to drive innovation, elevate customer experience and ensuring sustainable growth.

“I am excited to be part of the next phase of growth at The Ascott Limited in India where I will be working alongside some of the leading industry professionals. The brand which seamlessly offers tailored solutions for hotels, serviced residences, and co-living has tremendous growth potential for servicing the needs of owners looking to partner and build world-class accommodation.”

Arpit Pant

“Arpit’s extensive knowledge and vision of hospitality industry perfectly align with our commitment to provide the best sustainable and comfortable hospitality experience while also expanding our footprints in India, which makes him ideal to lead our business development goals. We believe in taking Ascott to the next level of excellence under his leadership and strengthen the brand’s credibility in customer’s mind.”

Hoshang Garivala, Country General Manager, The Ascott Limited

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