INTERNATIONAL serviced residence operator The Ascott Ltd. said on Tuesday it is targeting to be the market leader in the next five years or so with its plan to open more locations in the country.

Following the soft launch of its newest serviced residence project, Citadines Ortigas, Ascott Director for Sales and Marketing Casey Faylona said the company is planning to put up 10 to 14 projects by 2020.

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