Reading Time: 4 minutes UK: The UK’s travel and tourism sector is expected to see a boost of more than £200 million as a result of King Charles III’s Coronation weekend [6-8 May] and fortnight around those dates.
Reading Time: 2 minutes UAE / UK: Rasmala Investment Bank Limited, an alternative investment manager in the Middle East, has launched a five-year UK multifamily strategy to create a portfolio of residential properties in the UK exceeding US$2 billion in investment value.Â
Reading Time: 2 minutes Finland / Germany: Tech-powered short-stay operator Bob W has entered the German market with the acquisition of apartment rental agency Charly Hospitality.
Reading Time: 2 minutes US: Placemakr, a flexible-use multifamily and hospitality operator, has raised $65 million in new funding and appointed Timothy G. Franzen, the former president of Graduate Hotels, to its C-suite.
Reading Time: 2 minutes US: Next-generation hospitality company Sonder is expanding its business travel segment to include group bookings.Â
Reading Time: 2 minutes Smart device automation and SaaS software, Operto Guest Technologies, has secured US$25 million in a Series B funding round.
Reading Time: 3 minutes UK: Hospitality software company eviivo has announced the launch of eviivo Collective to recognise unique, notable and luxury independent properties worldwide.Â
Reading Time: 3 minutes UK: AltoVita, a corporate accommodation platform specialising in large enterprises, has announced the appointment of several experienced female leaders to its team.
Reading Time: 2 minutes US: Next-generation lodging firm Sonder is making around 100 corporate employees redundant, amounting to close to 14 per cent of the startup’s overall workforce.
Reading Time: 2 minutes UK: One-stop property management solution Opago has been chosen as Australian accommodation provider Urban Rest’s housekeeping partner for its first residential lease acquisition in London at Henderson Park and Greystar’s Bloom Nine Elms development.