Reading Time: < 1 minute India: Construction company Leighton Asia has secured a $87 million contract by property developer Elan Group for a mixed-use serviced apartment project in Gurgaon, India.
Reading Time: 2 minutes Singapore: Corporate accommodation provider CAP Worldwide has expanded its global leadership team with the appointment of Jingpei Lin as director of APAC.
Reading Time: < 1 minute UK: Vertus Edit, the first aparthotel project from Vertus, the BTR arm of Canary Wharf Group, is scheduled to open in February 2025.
Reading Time: 2 minutes Worldwide: The latest quarterly report from SilverDoor reveals that, due to increases in supply, corporate travel is expected to increase worldwide as managers negotiate rates and value.
Reading Time: < 1 minute US: The WaterWalk brand, which joined Wyndham’s extended stay portfolio earlier this year, has launched its management arm WaterWalk Hospitality.
Reading Time: < 1 minute US: Hyatt’s upper-midscale extended stay brand Hyatt Studios is expected to debut in 2025 with a property in Mobile, Alabama.
Reading Time: < 1 minute UK: Family-run Cornish hotel Carbis Bay Estate has expanded its collection of luxury serviced accommodation with the launch Treloyhan Residences.
Reading Time: < 1 minute UK: Bristol City Council has granted planning permission for a mixed-use aparthotel, hotel and BTR scheme in Temple Quarter.
Reading Time: 2 minutes Europe: The latest research from Savills examines the performance, pipeline, transactions and more of serviced apartments across Europe.
Reading Time: < 1 minute UK: Hotel property owner Pandox has completed the acquisition of three extended stay hotels comprising 503 rooms in central London for £230 million.