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US Extended stay occupancy levels rapidly improve

George Sell 30 June 2021

Reading Time: 2 minutesUS: Extended stay occupancy rates continue to rise in the United States, nearly matching pre-pandemic levels.

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dillip-rajakarier-ceo-minor-hotel-group-medium-res

Minor to bring Avani and Oaks brands to China via JV

George Sell 30 June 2021

Reading Time: < 1 minuteChina: Minor Hotels has formed a JV with Funyard Hotels & Resorts that will oversee development, operations, and sales and marketing of seven Minor Hotels brands in China.

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ESA launches Premium Suites brand with 25 properties

George Sell 30 June 2021

Reading Time: < 1 minuteUS: Extended Stay America has assigned 25 “new or completely renovated” properties to its new higher price point brand.

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reading

Reading aparthotel and market plans approved

George Sell 28 June 2021

Reading Time: 2 minutesUK: The Reading Borough Council has unanimously approved plans to develop a town centre building into a market and aparthotel.

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HCMC serviced apartment rates plummet

George Sell 28 June 2021

Reading Time: 2 minutesVietnam: After a difficult pandemic year, serviced apartment rental prices in Ho Chi Minh City have continued to drop in recent months.

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edyn launches Cove serviced apartment brand

George Sell 28 June 2021

Reading Time: < 1 minuteUK: edyn has launched the Cove serviced apartment brand, and will open the first Cove-branded property in Liverpool.

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gresham

Leicester aparthotel tops out

George Sell 24 June 2021

Reading Time: 2 minutesUK: Leicester aparthotel The Gresham held a topping out ceremony on June 23.

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Belfast serviced apartment company reaches all-time high in bookings

George Sell 24 June 2021

Reading Time: < 1 minuteNorthern Ireland: Central Belfast Apartments has seen a 60 per cent increase in reservations in the past month, as Covid restrictions are gradually lifted.

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houghton

Houghton to get extended stay hotel amid housing shortage

George Sell 24 June 2021

Reading Time: 2 minutesUS: The planning committee in Houghton, Michigan has approved plans for a new extended stay hotel, which now awaits county approval.

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Condor to sell off extended stay properties

George Sell 23 June 2021

Reading Time: < 1 minuteUS: Hotel-focused real estate investment trust Condor Hospitality Trust is looking to sell a portfolio of 15 select service and extended stay hotels.

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