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Splendid

Splendid Hospitality Group appoints head of acquisitions and development

Felicity Cousins 19 October 2022

Reading Time: < 1 minuteUK: Splendid Hospitality Group has appointed Terry Pearce as head of acquisitions and development.

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Wyndham

New white paper examines the appeal of extended stay

George Sell 18 October 2022

Reading Time: < 1 minuteUK/US: Serviced Apartment News has teamed up with Wyndham Hotels & Resorts to publish a white paper about the economy extended sty sector.

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TWC

Aimbridge Hospitality partners with TWC again to grow select service division

Felicity Cousins 18 October 2022

Reading Time: 2 minutesUS: Aimbridge Hospitality is expanding its select service division and will manage five extended stay hotels owned by Three Wall Capital.

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UK government

UK government performs fiscal U-turn

George Sell 17 October 2022

Reading Time: 2 minutesUK: new chancellor Jeremy Hunt has announced that the majority of measures in his predecessor Kwasi Kwarteng’s mini-budget will be scrapped.

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Strategy

Ascott unveils asset-light business strategy as it pushes expansion 

Felicity Cousins 17 October 2022

Reading Time: 3 minutesSINGAPORE: The Ascott Limited has shared its business strategy at the CapitaLand Investment Investor Day 2022.

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Johor

Ascott’s Oakwood continues expansion with plans for Johor, Switzerland and India

Felicity Cousins 17 October 2022

Reading Time: 2 minutesASIA: Ascott will continue the roll out of its Oakwood properties following a strong start to 2022 and plans in Johor, Switzerland and India.

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Delta

Delta Hotel by Marriott opens in Qatar with suites and serviced apartments

Felicity Cousins 17 October 2022

Reading Time: < 1 minuteQATAR: Delta Hotels by Marriott, which offers rooms, suites and serviced apartments, has opened in Doha.

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Signum

360Stays rebrands as 360Stays by Signum after management agreement

Felicity Cousins 14 October 2022

Reading Time: < 1 minuteUK: Signum Hotels, a hotel management company in India, has teamed up with London-based 360Stays to manage its entire portfolio. 

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Landing

Landing cuts 110 US jobs amid company reorganisation

Paul Stevens 13 October 2022

Reading Time: 2 minutesUS: Flexible apartment living membership company Landing has announced a reorganisation of its operations, with 110 jobs cut and another 70 employees being relocated to different locations in the country.

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ALTIDO

ALTIDO buys Sherpa to diversify Scottish property portfolio

Paul Stevens 13 October 2022

Reading Time: 2 minutesUK: European short-term rental property management company ALTIDO has acquired property service platform Sherpa to expand its footprint in Scotland.

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