Reading Time: 2 minutes Northern Ireland: The Northern Ireland Investment Fund (NIIF) has provided a £28 million loan to JMK to fund the development of a dual-branded Aloft and Residence Inn by Marriott in Belfast’s Titanic Quarter.
Reading Time: 2 minutes EU: Asli Kutlucan, former chief development officer at Cycas Hospitality, has joined Adina Hotels as CEO Europe.
Reading Time: < 1 minute Canada: InnVest Hotels, an asset management and construction company, has acquired a portfolio of 10 hotels in Ontario and Halifax, four of which are extended stay.Â
Reading Time: < 1 minute UK: Real estate agent Savills has been appointed to sell two central London C1 serviced apartment schemes located in The City of London and Farringdon for guide prices of £17 million and £11 million respectively.
Reading Time: 2 minutes US: Construction of the first StudioRes property, a midscale extended stay brand under Marriott, has begun in Fort Myers, Florida, led by Concord Hospitality.Â
Reading Time: 2 minutes Cyprus: PropTech startup and serviced apartment provider Moving Doors has secured €1.163 million in seed funding to support its expansion into Dubai.Â
Reading Time: < 1 minute UK/Ireland: Flexible accommodation operator Urban Rest has opened two properties in Dublin and London.
Reading Time: 2 minutes Singapore: The Ascott Limited, a lodging business owned by CapitaLand, has grown the Oakwood portfolio by 20 per cent, expanding to 48 cities with a total of nearly 18,000 units.
Reading Time: < 1 minute UAE: Sustainable hospitality group TLC Harmony has expanded its sustainable tourism initiatives in the UAE.Â
Reading Time: < 1 minute UK: Asset management company Switch Hospitality Management has opened its aparthotel Birmingham Snowhill and appointed Ehatshum Chowdhury as general manager.