In a strategic move to expand its presence in the dynamic Indian hospitality sector, CapitaLand Investment Limited’s (CLI) lodging business unit, The Ascott Limited (Ascott), has appointed Arpit Pant as the Director of Business Development for the Indian Subcontinent. With over two decades of rich experience in the hospitality industry, Arpit Pant has worked with top-notch companies such as Oberoi Hotels & Resorts, Wyndham Hotels & Resorts, and Preferred Hotels & Resorts.

In his new role, Arpit Pant will lead Ascott India’s strategic initiatives to enhance its portfolio of offerings and expand its footprint in the burgeoning Indian hospitality market. His vision and leadership will be pivotal in driving Ascott's growth in India, including identifying new business opportunities, nurturing partnerships, and driving revenue growth.

This strategic appointment comes on the heels of Ascott's acquisition of Oakwood, adding six new properties to their existing portfolio in India. Arpit Pant will work closely with the executive team, overseeing comprehensive business development strategies and focusing on innovation, elevating customer experiences, and ensuring sustainable growth.

Arpit Pant expressed his enthusiasm for the new role, stating, "I am thrilled to be part of the next phase of growth at The Ascott Limited in India, working alongside some of the industry's leading professionals. The brand's versatility in offering tailored solutions for hotels, serviced residences, and co-living presents tremendous growth potential for owners seeking world-class accommodations."

Hoshang Garivala, Country General Manager for The Ascott Limited, praised Arpit's appointment, stating that his extensive knowledge and vision in the hospitality industry perfectly align with Ascott's commitment to providing sustainable and comfortable hospitality experiences while expanding its presence in India.

Arpit Pant’s appointment is a significant step toward strengthening Ascott's presence and credibility in the Indian hospitality market. It aligns with Ascott's commitment to provide the best sustainable and comfortable hospitality experience in India.

The Ascott Limited is a globally trusted hospitality company with over 930 properties worldwide, offering a wide range of accommodations, including serviced residences, coliving properties, hotels, and more. Ascott's extensive network spans over 220 cities across more than 40 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa, and the USA. The company operates under various award-winning brands and offers an exclusive loyalty program, Ascott Star Rewards.