Reading Time: < 1 minute Australia: Serviced apartment property The Sebel West Perth Aire Apartments, located in Perth, has been sold to Capital Bay Investment Pty Limited for $18.88 million.
Reading Time: < 1 minute US: Sojourn LLC, the woman-owned flexible rental company, has acquired Salt Coast Hosts, a family-owned vacation rental company in Outer Banks, North Carolina.
Reading Time: < 1 minute US: Alternative asset manager Noble Investment Group has acquired 16 WoodSpring Suites through two portfolio transactions.
Reading Time: 2 minutes Singapore: Hong Kong-based rental accommodation provider Weave Living has acquired a freehold serviced apartment building at 12 Shan Road in Novena, Singapore, in partnership with BlackRock and Lian Beng Group.
Reading Time: < 1 minute US: Flexible-lease apartment network Landing has secured $180 million in debt financing to scale its multifamily platform.
Reading Time: < 1 minute UK: Global Hospitality Investment Group (GHIG) has provided a mezzanine loan to support the refinancing of Wilde by Staycity London Liverpool Street.
Reading Time: < 1 minute France: Real estate investment firm Amundi Immobilier has acquired YAYS Paris Issy by Numa, located near the upcoming Grand Paris Metro Line 15 station.
Reading Time: 2 minutes EU: The Capital Markets Committee of the Energy & Environment Alliance (EEA) has published the first in a series of reports, which explores the value of ESG to hospitality investors.Â
Reading Time: < 1 minute US: Starwood Strategic Partners (SSP), an investment platform managed by Starwood Capital Group, has finalised an investment in VANA Partners, a real estate investment firm specialising in extended-stay hotels.
Reading Time: < 1 minute US: Flexible living operator Mint House has acquired residential hospitality company Locale.
Reading Time: 2 minutes Worldwide: Serviced apartment agent SilverDoor has reported an increase in demand from corporate travel and relocation clients for carbon emission data, following the launch of its Carbon Calculator in November 2023.
Reading Time: < 1 minute US: Property management system RMS has launched an upgraded version of its booking engine, introducing features aimed at simplifying the reservation process for both guests and accommodation providers.
Reading Time: < 1 minute Australia: Hyatt will launch its first House-branded extended stay hotel in Australia with a location in South Melbourne, set to open for arrivals on 1 July 2025.
Reading Time: < 1 minute UK: A collection of serviced apartments called Station Suites is set to open in central Middlesbrough this June under operation of RBH Hospitality Management.
Reading Time: 2 minutes UK: Real estate and investment company Lamington Group has signed a 250-year lease for Shire Hall in Cambridge.
Reading Time: < 1 minute Canada: Marriott has opened a dual-branded TownePlace Suites and Fairfield Inn hotel, located in Chilliwack.Â
Reading Time: < 1 minute Greece: Andronis Luxury Suites in Santorini has joined the Legend Collection under Preferred Hotels & Resorts.Â
Reading Time: < 1 minute Greece: DKG Development has signed a long-term lease agreement with operator LÃbere Hospitality Group (LHG) for the “B48 Athens Dafni” property.
Reading Time: 2 minutes UK: Global corporate accommodation platform AltoVita has revealed the agenda for its fifth annual Smart, Safe, Sustainable Summit in London.
Reading Time: < 1 minute UK:Â Hospitality company The Ascott Limited is introducing its Citadines brand outside of London with its first property in Liverpool.Â