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.Â
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.Â
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.Â
Cheval Maison – Expo City Dubai set for March opening
Reading Time: 2 minutes UAE: Serviced apartment group Cheval Collection will open its second property in Dubai next month in March.Â
Placemakr to open pop-up hotel in Santa Clara multifamily building
Reading Time: 2 minutes US: Flexible-use hospitality and multifamily operator Placemakr has partnered with developer SummerHill Apartment Communities to offer 109 units in Silicon Valley.
NUMA appoints Morawietz as director of corporate development
Reading Time: < 1 minute Germany: Digital hospitality platform NUMA Group has appointed Philipp Morawietz as the company’s director of corporate development.
Mint House acquires Locale to expand residential hospitality offer
Reading Time: < 1 minute US: Flexible living operator Mint House has acquired residential hospitality company Locale.
Staycity signs debut aparthotel in Northern Ireland
Reading Time: 2 minutes Northern Ireland: Aparthotel operator Staycity will expand into Northern Ireland having signed a lease agreement with owner Lotus Property to operate a £20 million project in Belfast City Centre.
Radisson signs two hotels and serviced apartments in Madinah
Reading Time: < 1 minute Saudi Arabia: Hospitality group Radisson has partnered with master developer Knowledge Economic City (KEC) for two Park Inn by Radisson hotels and serviced apartments in Madinah.Â
Bob W signs aparthotel conversion in Dortmund
Reading Time: < 1 minute Germany: Tech-powered hospitality operator Bob W will launch a 52-unit aparthotel in a former post office building in Dortmund.
RMS appoints CEO to drive global expansion
Reading Time: < 1 minute Worldwide: Hospitality property management platform RMS has named Adam Seskis as its CEO.
The Maybourne Saint-Germain set for 2027 opening
Reading Time: < 1 minute France: Luxury hotel operator Maybourne will open a property in the Parisian quarter of Saint-Germain-des-Prés, featuring 101 hotel rooms and 23 branded residences.Â
Cheval appoints GM for two London properties
Reading Time: < 1 minute UK: Serviced apartment group Cheval Collection has named Ian James as general manager for two of its London sites.