Reading Time: 3 minutesUK: The Bank of England has cut the cost of borrowing, reducing the base interest rate from 4.5 per cent to 4.25 per cent, a decision that stems from concerns about global economic uncertainties, particularly US trade tariffs.
Reading Time: 2 minutesUS: Real estate investor, developer, and manager Caliber Hospitality Development has signed an agreement with Hyatt to develop 15 Hyatt Studios hotels across five states.
Reading Time: 2 minutesWorldwide: The sixth edition of Branded Residences: An Overview, an independent report by Graham Associates, provides the latest data and analysis on the global branded residences sector.
Reading Time: 2 minutesUK: A sustainability roundtable hosted by global serviced apartment agent SilverDoor found that fragmented carbon data and cost pressures are preventing businesses from meeting their travel sustainability targets.
Reading Time: 2 minutesWorldwide: Data from global business travel specialist Corporate Travel Management (CTM) shows that Millennials and Gen Z employees want to travel more for work and see business travel as a key driver of professional growth and job satisfaction.
Reading Time: 2 minutesUS: Howard Ruby, founder of serviced apartment company Oakwood and widely regarded as the father of corporate housing, has died aged 90.
Reading Time: 2 minutesUS: Serviced accommodation agent Synergy Global Housing has officially opened its central US operations and sales office in Houston, Texas.
Reading Time: 2 minutesWorldwide: The Ascott Limited, the lodging arm of CapitaLand Investment, has reached 17,400 Ascott-branded units, both operational and in the pipeline, with 11 signings over the past 16 months across Asia, Africa and the Middle East.
Reading Time: < 1 minuteUK: Voting is now open for three categories of the Serviced Apartment Awards, with the winners due to be revealed on 13 May 2025 at Sheraton Grand London Park Lane.
Reading Time: 2 minutesUK: Residential rental specialist Livinc, part of the Parklane Group, has launched a new platform to simplify medium to long-term bookings for furnished accommodation across the UK and overseas.
: