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Highland

US Extended stay hotel demand falls for first time in two years as rates rise

Felicity Cousins 14 September 2022

Reading Time: < 1 minuteUS: The Highland Group has released findings, which shows extended stay hotel demand falling as rates increase faster than hotel industry.

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Property

Frasers Hospitality Trust privatisation deal rejected by shareholders 

Felicity Cousins 13 September 2022

Reading Time: < 1 minuteSINGAPORE: Frasers Hospitality Trust has said the $1.35 billion deal has fallen through after failing to gain shareholder support.

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Poland

Radisson Hotel Group to open apartments in Poland

Felicity Cousins 13 September 2022

Reading Time: 2 minutesPOLAND: Radisson Hotel Group plans to further expand its portfolio in Poland, including its extended stay offering. 

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Stratford

London Stratford’s Hyatt House has revamp

Felicity Cousins 13 September 2022

Reading Time: < 1 minuteUK: Aparthotel, Hyatt House London Stratford, and its sister property London Stratford Hyatt Regency have completed a refurbishment.

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Encorp

Encorp in JV to build serviced apartments in Kuala Lumpur

Felicity Cousins 12 September 2022

Reading Time: < 1 minuteMALAYSIA: Property developer Encorp has teamed up with Touch Group Holdings to to construct a development including serviced apartments.

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Primestar

Primestar Group launches long stay brand and makes three key appointments

Felicity Cousins 12 September 2022

Reading Time: < 1 minuteGERMANY: The hotel operating company Primestar Group has announced the appointment of three key members to the executive team.

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Churchill

Churchill Living signs lease for Washington extended stay property

Felicity Cousins 12 September 2022

Reading Time: < 1 minuteUS: Churchill Living, the New Jersey-based corporate housing provider, has announced an exclusive leasing agreement in Washington, DC. 

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100

Wyndham breaks ground on Project ECHO

Felicity Cousins 9 September 2022

Reading Time: < 1 minuteUS: Wyndham Hotels & Resorts has started the construction of its new extended stay brand, Project ECHO in Plano, Texas.

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Kula and Gold Tree Group acquire two hotel sites

Kula and Gold Tree Group acquire two hotel sites

Eloise Hanson 8 September 2022

Reading Time: < 1 minutePortugal/Ireland: UK-based hotel group Kula and real estate investment firm Gold Tree Group have purchased two hotel sites in Lisbon and Dublin. Owner-operator Kula is

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Liverpool proposes Accommodation BID

Liverpool proposes Accommodation BID

Eloise Hanson 8 September 2022

Reading Time: 2 minutesUK: Liverpool could become the first UK city to establish a dedicated Accommodation BID for serviced apartments and hotels.

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