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Reading Time: 2 minutesWorldwide: The 2025 Global Serviced Apartment Industry Report (GSAIR) shows stable global rates, rising investment, and growing demand driven by corporate relocations.

Reading Time: 2 minutesUK: Luxury serviced apartment developer and operator Destiny Scotland has submitted an application to transform townhouses on Princes Street into 24 apartments and an office.

Reading Time: < 1 minuteUK: On behalf of Coast & Country Hotels, property adviser Christie & Co has sold the Derwentwater Hotel & Derwent Manor Apartments in Cumbria to Leisureplex Hotel Group for an undisclosed sum.

Reading Time: < 1 minuteUS: Extended Stay America has secured a $1.9 billion refinancing loan from a consortium of six lenders led by JPMorgan Chase.

Reading Time: 2 minutesUK/Australia: TFE Hotels’ aparthotel brand Adina will debut in the UK on 10 November in Cambridge while the group starts a multimillion renovation of Adina Darling Harbour.

Reading Time: < 1 minuteUS: Flexible hospitality and multifamily operator Placemakr has opened a pop-up in downtown Phoenix, the first site in Arizona for the group.

Reading Time: 2 minutesUK/Spain: Tech-enabled hospitality platform NUMA has launched a multi-brand strategy across Europe, introducing the premium Native by Numa brand with its first deal in Spain.

Reading Time: < 1 minuteUK: Operator Staycity Group, in partnership with developer Citygrove, has acquired a site on Blackfriars Road in Southwark, London for its Wilde aparthotel brand.
![[Credit: Fraser Residence Phnom Penh]](https://servicedapartmentnews.com/wp-content/uploads/2025/10/Screenshot-2025-10-06-at-10.50.23-800x445.png)
Reading Time: < 1 minuteCambodia: Frasers Hospitality has signed a deal to bring its serviced apartment brand Fraser Residence to Cambodia in Q2 2027.

Reading Time: < 1 minuteFrance: Franchisor Choice Hotels has onboarded 50 properties representing more than 4,800 rooms in France under the Quality Suites brand.