Reading Time: < 1 minute US: The 2024 First Quarter US Extended-Stay Hotels Report, published by The Highland Group, reveals a decline in RevPAR for the first time in three years.
Reading Time: 2 minutes Australia / New Zealand: Urban Rest, a provider of flexible alternative accommodations serving the corporate market, has announced its acquisition of New Zealand
Reading Time: < 1 minute US: The 410-room dual-branded Courtyard New Orleans and SpringHill Suites New Orleans Warehouse Arts District has been sold for $73 million.
Reading Time: 2 minutes Germany: Digital hospitality platform NUMA Group has established its brand advisory board, aimed at “accelerating growth” for the company.
Reading Time: < 1 minute Turkey: Accor’s premium brand Mövenpick has opened its Living Istanbul Saklivadi property in the city’s shopping district of Vadistanbul.
Reading Time: 2 minutes UK: The shortlists for this year’s Serviced Apartment Awards have been revealed ahead of the awards ceremony on 23 May at Leonardo Royal Hotel London Tower Bridge.
Reading Time: < 1 minute Saudi Arabia: Luxury hospitality company Cheval Collection has signed an agreement with developer Ladun Investment Company for Cheval Ladun Living in Riyadh.
Reading Time: < 1 minute Estonia: Tech-powered hospitality operator Bob W has opened its fourth aparthotel in Tallinn, located in the city’s Arter Quarter.
Reading Time: < 1 minute UK: Developer Canary Wharf Group (CWG) has secured £553 million of financing, including an £80 million loan for two serviced apartment projects along West Lane.
Reading Time: < 1 minute Germany: Developer GBI Group has broke ground on its latest SMARTments connect project, located in Bielefeld.
Reading Time: < 1 minute UAE: Christian Potvin has been named general manager of Cheval Maison – Expo City Dubai ahead of its opening in March 2025.
Reading Time: 4 minutes Short Term Rentalz editor Paul Stevens comments on the potential impact of Uber’s rumoured acquisition of Expedia.
Reading Time: < 1 minute UK: Operator Your Apartment has expanded its presence in Bristol with the opening of nine serviced apartments in Clifton.
Reading Time: < 1 minute Australia: Operator Veriu Group has opened the Punthill Tuggeranong aparthotel in Greenway, Canberra, the group’s first property in the capital.
Reading Time: < 1 minute UK: Business property adviser Christie & Co is marketing Beaufort House in Knightsbridge, London.
Reading Time: < 1 minute UK: Tech-enabled operator limehome has appointed Will Kingston as the company’s director of expansion for the United Kingdom.
Reading Time: < 1 minute Finland: Tech-powered hospitality operator Bob W has appointed Hervé Deligny as chief financial officer (CFO).
Reading Time: < 1 minute UK: Belfast-based hospitality group Warren Collection has opened its first property England with an aparthotel in Newcastle.
Reading Time: < 1 minute UK: Housed in a historic listed building in Paisley town centre near Glasgow, the luxury Hazlitt Apartments have opened.
Reading Time: < 1 minute Australia: Construction is underway at the $40 million mixed-use Quest Bairnsdale on Dalmahoy Street, with a projected opening date in summer 2025.