Reading Time: 2 minutesUK: Developers Nikal and Media Invest Entertainment will submit a planning application for the first phase of Blackpool Central development next month.
Reading Time: 2 minutesUS: AKA has teamed up with multifamily investment firm Electra America to launch a $500 million hotel investment fund.
Reading Time: 2 minutesUS: Extended Stay America has announced the launch of Extended Stay America Premier Suites, a new brand with a higher price point than its existing portfolio.
Reading Time: 2 minutesUK: Aparthotel operator Staycity has seen UK bookings surge this week on the back of the Government’s recovery roadmap, which was announced on Monday.
Reading Time: < 1 minuteUS: Extended Stay America has added three properties in Oklahoma through franchise conversions.
Reading Time: < 1 minuteUS: Tharaldson Hospitality Management has opened the 147-key Residence Inn Grand Rapids Downtown.
Reading Time: < 1 minuteIreland: An aparthotel in Dublin’s north inner city has been granted planning consent, with construction expected to start as soon as Covid restrictions allow.
Reading Time: < 1 minuteUS: Prime LaSalle/Madison Partners LLC (PLMP), the owner of the 381-key Residence Inn Chicago Downtown/Loop has closed on $141 million of new senior and mezzanine loan financing for the hotel.
Reading Time: < 1 minuteUS: CBRE has become the majority shareholder of New York coworking company Industrious, buying a 35 per cent stake in a $200 million (£142 million) deal.
Reading Time: 2 minutesUK: Student living firm Scape and investment group APG have agreed a £500 million joint venture that will develop and operate student accommodation schemes.
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