Industry News
Summer ADRs boosted by sports, report shows
Reading Time: 2 minutes Europe: Data released by serviced apartment agent SilverDoor has revealed that sporting events this summer are positively impacting ADRs across the continent.
Industry News
Report shows geopolitical impact on global ADRs
Reading Time: 2 minutes Worldwide: Serviced apartment agent SilverDoor has released its first market quarterly update report for 2024 which highlights the impact of geopolitical change on global ADRs.
Industry News
SilverDoor report reveals global decline in ADRs
Reading Time: 2 minutes Worldwide: Serviced apartment agent SilverDoor has released its final market update report for 2023, revealing a decline in ADRs and growth in economy accommodation.
Supplier News
DACH serviced apartments report stronger ADRs than hotels
Reading Time: 1 minute DACH: According to property management platform Apaleo, serviced apartment operators in the DACH region witnessed a four per cent improvement on ADRs in Q3 2023.
News
US extended stay revenue and ADR growth reach record levels
Reading Time: < 1 minute US: Highland Group report says that extended-stay hotel revenue and ADR growth set records when supply growth falls. Read more on SAN.
News
Zleep opens in Madrid with apartment concept
Reading Time: < 1 minute SPAIN: Deutsche Hospitality has opened the Zleep Hotel Madrid Airport, with the option to stay in an apartment.
News
The Highland Group reports US extended stay hotel ADR increases of 30 per cent as supply growth falls
Reading Time: 1 minute US: The Highland Group, which has released its March extended stay bulletin, has found extended stay hotel ADR has increased 30 per cent, as supply growth falls to an eight year low.
Industry News
Round Hill Capital buys Madrid serviced apartments
Reading Time: < 1 minute Spain: Round Hill Capital has acquired a serviced apartment asset in Valdebebas, Madrid, for €30 million.
Industry News
Bob W to mark debut in Spain with Madrid opening
Reading Time: 2 minutes Spain: Northern European designer short-stay apartment operator Bob W has announced its expansion into Spain with a new property opening in Madrid in September.
Urban Living News
AXA IM acquires €150 million Madrid rental portfolio
Reading Time: 2 minutes Spain: AXA IM – Real Assets has completed the forward purchase of a 919-unit affordable housing for rent portfolio in Madrid region of Spain for €150 million.