Cameron Ong Appointed Chief Executive Officer For The Ascott Group

The Ascott Group announced that Mr Cameron Ong, its deputy chief executive officer, will take over from Mr Eugene Lai as chief executive officer of The Ascott Group with effect from August 5, 2004. Mr Lai has resigned to pursue other interests.

Ascott Group

Mr Ong has over 25 years’ international experience in hospitality, of which 10 years has been with the group. Over the years, he has directed most of Ascott’s critical functions, including overseeing the operational performance of its properties and global brand development across 39 cities in Europe and Asia Pacific. Mr Ong began his career with several international hotel chains and was the youngest general manager appointed in Asia for the Crowne Plaza hotel group. He was previously Somerset Holdings' chief operating officer, and president and director of the hospitality arm of Liang Court Holdings (renamed Somerset Holdings). Somerset Holdings merged with The Ascott Limited to form The Ascott Group in 2000. Mr Ong is a certified hotel administrator from the Educational Institute of American Hotel and Lodging Association, US. He has also attended senior management courses at the International Institute for Management Development in Lausanne, Switzerland and Tsinghua University in Beijing, China. Ascott’s chairman, Mr Lim Chin Beng, said: “Eugene has guided the group’s acquisition of the remaining stake in a European serviced residence chain, entry into the Gulf region, and marketing alliance in the US. The Board and I wish Eugene all the best in his future endeavours. He has passed the leadership mantle to Cameron who has played a significant role in Ascott’s expansion over the last 10 years.” He added: “Cameron has won several awards for his contributions to the hospitality industry. He has more than 15 years’ management experience in China and among the latest recognition of his expertise is his appointment as foreign professional consultant to the Beijing International Investment Promotion Council. With his solid experience and track record in the international hospitality industry, Cameron will lead Ascott to its next stage of development.” The Ascott Group is a leading international serviced residence company with 13,800 serviced residence units in the key cities of Europe and Asia Pacific. Ascott's global presence spans 39 cities in 16 countries. These include London, Paris, Brussels, Berlin and Barcelona in Europe; Singapore, Bangkok, Hanoi, Kuala Lumpur, Tokyo, Shanghai and Beijing in Asia; Sydney, Melbourne and Auckland in Australia and New Zealand; and Dubai in the Gulf region.

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