Reading Time: 2 minutes US: Denver-based real estate company Highside has secured $500 million financing from affiliates of Apollo to support the expansion of Everhome Suites.
Reading Time: < 1 minute US: Developed by Vision Hospitality Group and CBL & Associates, the 139-key Element by Westin Wilmington has opened in Mayfair Town Centre.
Reading Time: 2 minutes Europe: Serviced apartments across the continent saw occupancy rise 3.8 per cent in 2024, boosting RevPAR and prompting a shift toward longer stays.
Reading Time: 2 minutes Worldwide: The Ascott Limited, the wholly owned lodging business unit of CapitaLand Investment, now has around 50 resort properties in operation and under development globally.
Reading Time: < 1 minute UK: Luxury serviced apartment brand The Residence has appointed Wesley Moria as the company’s director of sales and revenue.
Reading Time: 2 minutes South Africa: Hospitality group Southern Sun has signed its first hotel and residences in the R5 billion (£209 million) Oceans Umhlanga mixed-use development.Â
Reading Time: 2 minutes US: Franchisor Landingplace Hotels has launched two midscale conversion brands, including an extended stay concept.
Reading Time: < 1 minute Worldwide: Serviced Apartment News has launched a global sentiment survey to assess how owners, operators, lenders, investors, suppliers and service providers feel about the current market.
Reading Time: 2 minutes Philippines: The Ascott Limited in partnership with Iconic Resorts Properties will open the Citadines Mactan Cebu Resort in 2028.
Reading Time: < 1 minute US: Construction is set to begin on the Element by Westin extended stay hotel in Medford late August, located near Pear Blossom Park.