Reading Time: < 1 minutePortugal: The Diplomatico Hotel in Rua Castilho has been acquired by Catalyst Capital which Staycity will operate under its Wilde Aparthotels brand.
Reading Time: < 1 minuteUS: The parent company of Saks Fifth Avenue department stores, Hudson’s Bay Co., is teaming up with WeWork to launch a new concept, SaksWorks.
Reading Time: < 1 minuteUS: Spruce, an apartment amenity and service provider, has acquired housekeeping startup The Minte.
Reading Time: 2 minutesUK: A new £40 million build-to-rent scheme based in Leeds city centre has opened up to residents.
Reading Time: 2 minutesBTR and PBSA developer, Watkin Jones, has announced that contracts have been exchanged for the sale of Hove Gardens, a build-to-rent scheme in Hove.
Reading Time: 2 minutesIndia: SoftBank-backed hospitality chain OYO is rumoured to be edging towards an initial public offering [IPO] after hiring JP Morgan, Kotak Mahindra Capital and Citi for an initial $1.2 billion share sale.
Reading Time: 1 minuteUK: Watkin Jones Group has submitted planning application to develop a coliving scheme at Portcullis House on India Street in Glasgow.
Reading Time: < 1 minuteUK: Study Inn Group will convert Reynard House in Leicester into a 267-bed purpose-built student accommodation centre.
Reading Time: 2 minutesUS: Chatham Lodging Trust (CLT), a lodging real estate investment trust (REIT) in the extended stay space, has appointed Ethel Isaacs Williams and David J. Grissen to the company’s board of trustees.
Reading Time: 3 minutesWorldwide: Expedia Group Media Solutions, the global travel advertising platform connecting marketers with travellers across the Expedia Group brand, has released its Q2 2021 Travel Recovery Trend Report.
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