Reading Time: 2 minutesCanada: Brookfield Asset Management raised a record US$23 billion during the second quarter and expects to accelerate the pace of investments after the disruption caused by Covid-19.
Reading Time: < 1 minuteUS: SoftBank is injecting a further $1.1 billion into WeWork as it battles declining membership amid the pandemic.
Reading Time: < 1 minuteUS: Marriott is offering guests extended stays and the necessary facilities to work from their hotel rooms in the Caribbean.
Reading Time: < 1 minuteUS: Extended stay developer and operator WaterWalk has acquired a 4.5 acre development site in Phoenix’s Deer Valley neighbourhood for $2.14 million.
Reading Time: < 1 minuteUK: Kilmona Property has withdrawn plans for a £23 million aparthotel near Boucher Road in Belfast after it was recommended for rejection by the council.
Reading Time: < 1 minuteUK: Proposals to build a serviced apartment building in Cardiff have been recommended for approval by the local council.
Reading Time: 2 minutesSingapore: Oakwood has partnered with Country Garden Commercial and Culture Tourism Group to codevelop a new brand, Oakwood Beluxs.
Reading Time: 2 minutesUK: Developed by its digital agency partner Absurd, CitySuites has created a bespoke contactless check-in process to improve the physical and digital experience of guests.
Reading Time: 3 minutesSingapore: Ascott has launched its Work in Residence initiative at participating properties worldwide, transforming selected apartments into work suites.
Reading Time: 6 minutesIn the wake of the Covid crisis and its devastating impact on the nation’s high streets, many UK landlords in the retail and restaurant spaces have moved from offering fixed leases to turnover-based rents, in order to allow struggling tenants to continue trading. Could the hospitality sector follow suit?
: