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ABODA acquired by Westbridge Capital

George Sell 6 December 2017

Reading Time: < 1 minuteUS: Westbridge Capital, a private equity management company, has acquired an indirect controlling interest in Seattle-based provider ABODA, Inc.

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One in five travel buyers increased serviced apartment use in 2017

George Sell 5 December 2017

Reading Time: 3 minutesUK: A fifth of corporate travel buyers increased their use of serviced apartment suppliers in 2017 according to a poll by the Business Travel Show and ASAP.

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Cycas launches South Point Suites brand in London

George Sell 5 December 2017

Reading Time: 2 minutesUK: Cycas Hospitality has launched a new aparthotel concept in Bermondsey, south London.

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Hilton opens dual-branded property in Long Beach

George Sell 5 December 2017

Reading Time: 2 minutesUS: Hilton has brought its Homewood Suites and Hampton Inn brands together at its latest Southern California property.

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Supercity buys The Light Aparthotel in Manchester

George Sell 1 December 2017

Reading Time: 2 minutesUK: Supercity Aparthotels has purchased The Light Aparthotel, an 81,000 square foot site in Manchester’s Northern Quarter.

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Brookfield in prime position to buy SACO

George Sell 1 December 2017

Reading Time: < 1 minuteUK: US asset manager Brookfield is reported to be in exclusive talks to buy SACO from Oaktree Capital Management for £430 million.

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Siegel Group buys Albuquerque property for extended stay portfolio

George Sell 30 November 2017

Reading Time: < 1 minuteUS: The Siegel Group Nevada, Inc., has acquired a 244-unit hotel property in Albuquerque, New Mexico, for $4 million.

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Cotels launches fitness-themed serviced apartment concept

George Sell 30 November 2017

Reading Time: 2 minutesUK: Cotels has officially launched its new serviced apartment concept, 7Zero1, at 701 South Fifth Street in Milton Keynes.

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G6 Hospitality opens Texas extended stay property

George Sell 30 November 2017

Reading Time: < 1 minuteUS: G6 Hospitality has opened its latest Studio 6 location in Plano, Texas.

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Extended stay units planned for Philadelphia’s East Market

George Sell 28 November 2017

Reading Time: 2 minutesUS: The second tower in National Real Estate Development’s East Market project in downtown Philadelphia will contain 60 extended stay units.

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