Zeus

Zeus Living set to cease operations

Reading Time: < 1 minute US: Mid-term housing rental and property management startup, Zeus Living, has reportedly told landlords this week that it is “winding down operations”, according to The Information. 

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Kasa

Kasa closes $70m Series C funding round

Reading Time: 3 minutes US: Kasa Living, a tech-powered, flexible accommodations brand and operator, has closed a $70 million Series C fundraise to fund and accelerate its expansion across the United States.

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Expedia
Expedia Group to reduce team headcount by nine per cent

Reading Time: 2 minutes US: Online travel agency Expedia Group is to cut around 1,500 jobs, accounting for nine per cent of the company’s overall headcount, as part of a restructuring …

Urban Creation office
Urban Creation acquires Bristol office

Reading Time: < 1 minute UK: Serviced apartment and student housing provider Urban Creation has acquired 62 Park Street, an office in Bristol, which the company will operate as an office and apartments. 

England
Government announces short-term let controls in England

Reading Time: 6 minutes UK: The UK Government has announced reforms to planning laws that will empower councils in England to make short-term lets in their area subject to …

Urban Rest Sydney
Urban Rest opens 23rd property in Sydney

Reading Time: < 1 minute AUS: Flexible accommodation operator Urban Rest has launched Urban Rest North Sydney, the group’s third property north of the bridge and its 23rd in the city.

The Standard Brussels
The Standard to debut extended-stay rooms in Brussels

Reading Time: < 1 minute EU: Independent lifestyle hospitality brand The Standard is extending its presence in Europe with three openings in Brussels, Lisbon and Dublin kickstarting in 2025.

Marriott Executive Apartments IRIS
Marriott Executive Apartments, Dubai Creek partners with IRIS

Reading Time: 2 minutes UAE: Five-star property Marriott Executive Apartments, Dubai Creek has partnered with mobile F&B ordering platform IRIS to support in-room dining.

Sonder team
Sonder lays off 17 per cent of team in latest round of cuts

Reading Time: 2 minutes US: Hospitality company Sonder is set to make 106 corporate employees redundant, accounting for 17 per cent of the company’s overall workforce by the end of March.

Frasers Hospitality Bahrain
Frasers Hospitality opens third Suites property in Bahrain

Reading Time: < 1 minute Bahrain: Serviced apartment and hotel residence provider Frasers Hospitality opened its Fraser Suites Al Liwan Bahrain on Sunday 18 February 2024.

Adagio Paris La Défense Arena
Adagio becomes official partner of Paris La Défense Arena

Reading Time: < 1 minute France: European aparthotel brand Adagio has become the official partner of indoor venue Paris La Défense Arena, effective until June 2026.

Greenstar Serviced Apartments
Greenstar Serviced Apartments in Dundee brought to market

Reading Time: < 1 minute UK: Business property adviser Christie & Co is marketing the freehold of Greenstar Serviced Apartments in Dundee city centre for £850,000.