Reading Time: 2 minutes Worldwide: The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment (CLI), has introduced the Somerset Sustainability Passport Programme featuring activities, wellness programmes and community initiatives at Somerset properties globally.
Reading Time: 3 minutes Germany / Netherlands: Digital hospitality platform NUMA Group has announced the acquisition of Dutch serviced apartment platform YAYS from Proprium Capital Partners.
Reading Time: 2 minutes UK: Global corporate accommodation booking agent Situ has announced the acquisition of the full technology stack of short-term rental software company Rentivo. The move
Reading Time: 2 minutes US: Corporate accommodation management company ReloQuest has appointed five team members including four vice president roles.
Reading Time: < 1 minute UK: Tom Walsh, the chief executive and co-founder of aparthotel company Staycity, has won the International Entrepreneur of the Year award hosted by EY Ireland.
Reading Time: < 1 minute Switzerland: Lifestyle aparthotel brand Locke has opened its debut property in Switzerland, located in the centre of Zurich.
Reading Time: < 1 minute US: Management company Spire Hospitality has appointed Sanjay Mahajan as general manager of the Embassy Suites by Hilton Seattle North Lynnwood, Washington.
Reading Time: 3 minutes UK: UK Chancellor Jeremy Hunt has announced that the 75 per cent discount on business rates [up to £110,000] for businesses in the hospitality, leisure and retail sectors has been extended by another 12 months as part of his Autumn Statement.
Reading Time: < 1 minute Portugal: Serviced apartment operator Líbere Hospitality Group has opened its first property in Portugal, located in the country’s capital of Lisbon.
Reading Time: < 1 minute Singapore: Serviced apartment operator Frasers Hospitality has expanded its portfolio of historic properties to six with the opening of Fraser Residence River Promenade, Singapore.
Reading Time: 2 minutes US: Midscale extended stay brand Everhome Suites has opened in Newnan, Georgia, located in a dual-site property alongside economy brand WoodSpring Suites.
Reading Time: < 1 minute UAE: PropTech startup Moving Doors has entered the Dubai market with two luxury units to launch at the end of this month.
Reading Time: 2 minutes Europe: Digital hospitality platform NUMA Group has grown its portfolio to 5,850 units in 32 cities and 14 countries, reaching a total €2 billion assets under management.
Reading Time: 5 minutes UK: In the Spring Budget 2024, Chancellor Jeremy Hunt revealed the government will freeze alcohol duty and cut National Insurance, as well as raise the VAT threshold for small businesses to £90,000.
Reading Time: < 1 minute New Zealand: Flexible accommodation operator Urban Rest has made its debut in New Zealand with the opening of Urban Rest Sylvia Park in Auckland.
Reading Time: < 1 minute UK: Hospitality company Hilton Hotels & Resorts has signed a franchise agreement with developer JMK Group to launch Home2 Suites by Hilton Dublin City Centre in 2025.
Reading Time: 2 minutes UK: Hospitality management company Cycas has appointed three members to its leadership team.
Reading Time: 2 minutes The Netherlands: Amsterdam-based hospitality cloud Mews has become a unicorn, valued at $1.2 billion following its latest funding round of $110 million from existing and new investors.
Reading Time: 2 minutes UK: Cheltenham-based operator Beechurst Serviced Apartments has achieved B Corp certification, becoming one of the first serviced apartment providers in the UK to do so.
Reading Time: < 1 minute UK: Radisson Hotel Group has signed its first UK serviced apartments in Glasgow, with a target opening of 2027.