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extended-stay-america-columbus-ohio

ESA acquisition financed by mega-loan

George Sell 22 June 2021

Reading Time: < 1 minuteUS: Blackstone and Starwood Capital have part funded their acquisition of Extended Stay America with a $4.65 billion loan.

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screen-shot-2021-06-22-at-11-24-17

“Optimism has given way to action” over business travel says GBTA

George Sell 22 June 2021

Reading Time: < 1 minuteWorldwide: More than 40 per cent of member companies surveyed this month by the Global Business Travel Association have restarted non-essential domestic business travel or have set a date for restarting.

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2_somersetmetropolitanwesthanoi

Ascott acquires two new properties through private equity fund

George Sell 21 June 2021

Reading Time: 3 minutesFrance/Vietnam: The Ascott Limited has announced its acquisition of two new properties in Paris and Hanoi.

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berkeley

Residence Inn to open in Berkeley

George Sell 21 June 2021

Reading Time: 4 minutesUS: A Marriott-branded Residence Inn is set to open in October in downtown Berkeley, California.

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screen-shot-2021-06-21-at-10-46-14

Dublin aparthotel denied planning consent

George Sell 21 June 2021

Reading Time: < 1 minuteIreland: Developer Esprit Investments has been denied planning permission for a 124- key aparthotel in south Dublin.

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nema_1200xx3024-1701-0-0.jpeg

NEMA building requests city approval for corporate rentals amid new legislation

George Sell 17 June 2021

Reading Time: 2 minutesUS: San Francisco Mid-Market NEMA building requests approval to convert 150 to 200 units to corporate rentals.

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xxl_153079205.jpg

Roomzzz to expand into Scottish market

George Sell 17 June 2021

Reading Time: 2 minutesUK: Aparthotel brand Roomzzz has announced plans to open its first new location post-pandemic in Edinburgh.

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buckingham.jpeg

Buckingham & Lloyds to undergo major expansion

George Sell 17 June 2021

Reading Time: 2 minutesUK: Buckingham & Lloyds has announced an ambitious growth plan for the summer: expanding into Italy, Poland, and Spain.

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victoria-hall.jpeg

Council approves plans to transform South Shields listed building into aparthotel

George Sell 16 June 2021

Reading Time: 2 minutesUK: After a fire damaged historic Victoria Hall in South Shields in late May, plans have surfaced to transform the historic hall into an aparthotel.

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marcin-nowak-ixqtqc-f6ji-unsplash.jpg

UK rent moratorium extended until March 2022

George Sell 16 June 2021

Reading Time: 2 minutesUK: The British government has extended the rent moratorium which protects commercial tenants from evictions until March next year.

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