Reading Time: 2 minutes UK: The founders of lifestyle aparthotel brand Locke, part of hospitality group edyn, have announced they will depart the business after almost 10 years.
Reading Time: < 1 minute UK: Serviced apartment operator Charles Hope has opened its first site in Scotland with the launch of a new build aparthotel in Aberdeen.
Reading Time: < 1 minute UK: Developer Walker & Williams has secured a £1.6 million development loan from the Growing Places Fund, managed by Lancashire Enterprise Partnership, for an aparthotel in Ormskirk.
Reading Time: 2 minutes UK: Serviced apartment provider SilverDoor held its latest Partner Engagement Day this week in London, which explored the topics most influencing buying behaviour and booking habits.
Reading Time: < 1 minute Australia: Quest Geelong Central, an 87-room aparthotel located at 71-77 Gheringhap Street, has officially opened in Melbourne.
Reading Time: < 1 minute France: CapitaLand Ascott Trust (CLAS) has divested four Citadines properties in regional France to an unrelated third party for €44.4 million.
Reading Time: < 1 minute Germany: Munich-based tech-enabled apartment operator limehome has signed its 5000th apartment in Stuttgart.
Reading Time: 2 minutes Germany: Digital hospitality platform NUMA Group has raised $59 million [€55.5 million] in growth equity capital in a Series C funding round.
Reading Time: < 1 minute Senegal: Hotel management company Rotana has signed its first aparthotel in Senegal, located in the Dakar region.
Reading Time: < 1 minute Singapore: Chip Eng Seng Group has introduced its first serviced apartments, operated through its hospitality brand Momentus Hotels & Resorts.
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.
Reading Time: < 1 minute UK: Representation company HotelREZ has welcomed the return of Sharon Rubin in a new role as VP product development, as well as appointed two senior bizdev team members.
Reading Time: 5 minutes Recent VAT tribunal decisions have led to uncertainty as to how serviced apartment operators should treat their income. Crowe’s Adam Cutler provides background to the issue and what operators should do to protect their position while litigation is ongoing.
Reading Time: 2 minutes Worldwide: The Ascott Limited has achieved a record year of property openings and fee earnings (S$331 million), and has kickstarted 2024 with the launch of ‘Ascott Unlimited’ to support future growth.
Reading Time: 2 minutes EU: Aparthotel brand Adagio has outlined its 2024 openings including the launch of its coliving concept in the UK.