People On The MoveAscott expands global business development team with new VPs of business development Ryan Chen and Dulaphan Amatyakul.

Ascott enlists dynamic duo for global expansion

From left: Ryan Chen and Dulaphan Amatyakul
From left: Ryan Chen and Dulaphan Amatyakul

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 strategic deals.

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 Pacific.

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