Singapore-based hospitality group, Ascott, is expanding its global
business development team with two vice presidents of business
development: Ryan Chen and Dulaphan Amatyakul.
This strategic move is meant to drive Ascott's asset-light growth.
The company aims to double its fee revenue to over S$500 million within
the next five years. Both Chen and Amatyakul will report to Serena Lim, Ascott's Chief Growth Officer, who assumed the position earlier this year.
Ascott is capitalising on the expertise of the two vice presidents of
business development to fuel expansion in key markets. By collaborating
with local cluster teams, they will play instrumental roles in
strengthening owner engagement through customised solutions and pursuing
Boasting extensive experience in the Asia Pacific and Middle East,
including roles at Far East Hospitality and Dusit International, Chen
will support Ascott's business development strategies, focusing on
expanding the company's portfolio in established and emerging markets,
including Japan, Korea, the Philippines, the Middle East, Africa,
Turkey, and India.
Based in Bangkok, Amatyakul will drive growth in Thailand, Vietnam,
Myanmar, Laos, and Cambodia by implementing Ascott's business
strategies. With extensive experience in investment management,
corporate and investment banking, and hotel operations, Amatyakul held
senior positions at Conduit House Holdings, MFC Asset Management PCL,
Valor Hospitality Partners Asia, and DTGO Corporation. He served as
senior vice president, investment & business development at Conduit
House Holdings, overseeing regional hospitality projects in the Asia