
Reading Time: 2 minutesQatar: Ascott has entered into an agreement with Al Majed Hotel Management for the Somerset Al Mansoura Doha, set to open in Qatar’s capital in Q4 2021.

Reading Time: 2 minutesSingapore: Ascott Residence Trust (ART) has obtained a S$50 million five-year green loan from DBS Bank, making ART the first hospitality trust in Singapore to secure a green loan.

Reading Time: 3 minutesUK: room2 has completed the sale and leaseback of its flagship Southampton property, to a fund managed by Aberdeen Standard Investments (ASI), the UK’s largest active asset manager.

Reading Time: < 1 minuteUAE: The Aparthotel Adagio Dubai Deira features 189 furnished units, ranging from studios to two-bedroom apartments.

Reading Time: 2 minutesUS: San Francisco-based Sonder has announced the appointment of a president, a chief technology officer, and vice president of market operations in North America.

Reading Time: < 1 minuteUK: The Grade II Listed former Unicorn Hotel in Preston is to be retained to front a 126-unit aparthotel development.

Reading Time: 3 minutesIn China, Ascott achieved an 80 per cent year-on-year growth in units compared to 2019. Ascott says the new properties will boost the annual fee

Reading Time: 2 minutesUK: Cheval Collection is adding 30 serviced apartments in London’s South Kensington to its portfolio from Spring this year.

Reading Time: 2 minutesUK: Knight Frank’s Hotel Transaction Trends 2021 research reveals that investment volumes in 2020 reached £1.8 billion in the United Kingdom compared to £6 billion in 2019, with 81 per cent of the transaction volume occurring in quarter one.

Reading Time: 2 minutesUK: A new aparthotel in Bristol’s Clifton neighbourhood is offering a contactless guest experience and expects to be two-thirds full for the first quarter of this year.