Bank of England cuts interest rates – hospitality reacts
Paul Stevens
1 August 2024
Reading Time: 3 minutes UK: The Bank of England has announced that it will cut interest rates from a 16-year high of 5.25 per
Midscale extended stay brand YourSpace breaks ground on first property
George Sell
1 August 2024
Reading Time: < 1 minute New midscale extended stay brand YourSpace has broken ground on its inaugural hotel in Chesapeake, Virginia.
Conwy Civic Hall set for aparthotel conversion
George Sell
31 July 2024
Reading Time: 2 minutes Developer Nautical Point Limited has applied for permission to redevelop the former Conway Civic Hall and library building into an aparthotel, food hall and performance space.
Plans submitted for Sussex aparthotel
George Sell
29 July 2024
Reading Time: < 1 minute UK: Plans for a 33-unit aparthotel in Worthing have been submitted to Adur and Worthing Councils.
Jakarta to get 700+ new serviced apartments by end of 2025
George Sell
29 July 2024
Reading Time: < 1 minute Indonesia: New research from Colliers predicts that four upcoming projects will take Jakarta’s serviced apartment inventory to 7,793 by the end of 2025.
LivAway Suites officially opens first property
George Sell
26 July 2024
Reading Time: 2 minutes US: LivAway Suites has announced the grand opening of its first property, located in the Salt Lake City metropolitan area.
HIGHSTAY opens three luxury apartments in Paris Opéra District
Eloise Hanson
26 July 2024
Reading Time: < 1 minute France: HIGHSTAY, a collection of luxury short and long-stay apartments in Paris, has opened three Banque apartments in the Opéra District.
STAYERY signs 121 apartments in Berlin
Eloise Hanson
25 July 2024
Reading Time: < 1 minute Germany: Serviced apartment brand STAYERY is expanding its portfolio with the addition of 121 serviced apartments in the Schultheiss Quartier in Mitte, Berlin.
Radisson opens RED hotel and apartments in Krakow
Eloise Hanson
25 July 2024
Reading Time: < 1 minute Poland: Radisson Hotel Group has opened the Radisson RED Hotel & Radisson RED Apartments Krakow, an upscale, lifestyle offering in the city’s Unity Centre.
Plans lodged to transform Tay House into serviced apartments
Eloise Hanson
24 July 2024
Reading Time: < 1 minute UK: Plans have been submitted to Perth & Kinross Council to transform Dunkeld guesthouse Tay House into serviced apartments.
Everhome Suites expands in three US states
Reading Time: < 1 minute US: Choice Hotels’ extended stay brand Everhome Suites has expanded to three locations in Texas, Kansas and Kentucky.
Plans lodged to convert Coventry Co-op into aparthotel
Reading Time: < 1 minute UK: Plans have been submitted to Coventry City Council to convert a vacant Co-op corner store in St Michael’s into a 24-bed aparthotel.
Sonder inks licensing agreement with Marriott
Reading Time: 2 minutes Worldwide: Short-term rental apartment management company Sonder has entered into a long-term licensing agreement with Marriott, in addition to securing $146 million in liquidity.
Aparthotel Steyn City Hotel by Saxon to open this October
Reading Time: < 1 minute South Africa: Luxury property Saxon Hotel, Villas and Spa will open its aparthotel Steyn City Hotel by Saxon in Johannesburg this October.
Cross Hotels signs extended stay property in Bangkok
Reading Time: < 1 minute Thailand: Management company Cross Hotels & Resorts has signed an agreement with Yutthaporn Development for two hotels in Srinakarin, Bangkok.
Paragon Globe signs Johor Bahru serviced apartment scheme
Reading Time: < 1 minute Malaysia: Developer Paragon Globe Berhad has signed development rights for its first serviced apartment project in Johor Bahru, in the Tropicana Danga Bay master plan.
Newton Rigg student housing to become serviced apartments
Reading Time: 2 minutes UK: Plans have been approved by Westmorland and Furness Council for Leo Sawrij Limited to convert four former student housing buildings at Newton Rigg College into a hotel and serviced apartments.
Plans submitted for 254 serviced apartments in Newcastle
Reading Time: < 1 minute UK: TS R1, set up by developer Town Square Group, has applied to Newcastle City Council for permission to convert the upper floors of the TJ Hughes store into serviced apartments.
SAN podcast: Zakee Ahmed, Livinc
Reading Time: < 1 minute Zakee Ahmed, CEO of flexible living platform Livinc, part of The Parklane Group, talks to IHM’s editor-in-chief George Sell about creating a seamless customer journey for relocation residents; why coliving is the next big thing for the company and the wider real estate sector; why he is optimistic about the development landscape, and much more.
Fairmont Ramla Serviced Residences earns Green Globe status
Reading Time: < 1 minute Saudi Arabia: Luxury serviced apartment property Fairmont Ramla Serviced Residences has been awarded Green Globe certification, achieving a compliance score of 98 per cent.