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Serviced apartments are preferred option for European hospitality investors

George Sell 12 November 2020

Reading Time: 2 minutesUK: Serviced apartments have overtaken hotels to become the most attractive hospitality asset class to European investors for 2021, driven by positive demand fundamentals and leaner costs, according to a report from Deloitte.

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US extended stay continues to outperform wider hotel sector

George Sell 12 November 2020

Reading Time: 2 minutesUS: The extended stay hotel sector has reported a bigger growth in occupancy than the hotel sector as a whole, with economy extended stay occupancy for Q3 2020 down just 0.8 per cent compared to the same period in 2019.

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Fountain Court to close serviced apartment business

George Sell 11 November 2020

Reading Time: < 1 minuteUK: Edinburgh-based Fountain Court Apartments is switching its operations from serviced apartments to long-term residential lettings.

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My Place opens Texas extended stay hotel to cater for oil and gas industry

George Sell 11 November 2020

Reading Time: < 1 minuteUS: My Place Hotels of America has welcomed its 59th property, My Place Hotel-Midland, TX.

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Dream adds Manchester apartments

George Sell 11 November 2020

Reading Time: < 1 minuteUK: Belfast-based provider Dream Luxury Serviced Apartments has added 120 units in Manchester to its portfolio, creating 40 jobs.

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IHG to debut new extended stay brand in Miami

George Sell 10 November 2020

Reading Time: 2 minutesUS: The first property under IHG’s Atwell Suites brand will open in Miami next summer.

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Siegel Group buys former HomeTowne Studios property

George Sell 10 November 2020

Reading Time: < 1 minuteUS: The Siegel Group, a real estate investment and management company, has acquired the former HomeTowne Studios Baton Rouge extended-stay hotel.

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Radisson plans to make US extended stay debut in Florida

George Sell 9 November 2020

Reading Time: < 1 minuteUS: A proposed Park Inn Residences property in Port Charlotte, Florida, will be Radisson’s first extended stay property in the US if approved.

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Hyatt expands Work From Hyatt extended stay programme

George Sell 8 November 2020

Reading Time: < 1 minuteUS: Hyatt is expanding its launched Work From Hyatt extended-stay programme to nearly 90 hotels across North America and the Caribbean.

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Biden presidency could benefit extended stay and wider travel markets

George Sell 6 November 2020

Reading Time: 4 minutesUS: As Democratic presidential candidate Joe Biden looks a strong favourite to win the race for the White House, industry experts have assessed what a Biden presidency could mean for the extended stay and wider travel industries.

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