Casai

Casai ceases operations in Mexico and Brazil

Reading Time: 4 minutes LatAm: Proptech startup Casai has ceased operations in Brazil and its native Mexico after its founders announced the sale of their operations and portfolio in both countries to other operators based in Latin America.

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Charles Hope South Africa
Charles Hope opens South Africa office and four UK sites

Reading Time: < 1 minute UK/SA: Serviced apartment operator Charles Hope has opened an office in Cape Town, South Africa, as well as four sites in the UK.

Vertus serviced apartments
Vertus adds serviced apartment buildings

Reading Time: < 1 minute UK: Vertus, the BTR arm of Canary Wharf Group, has expanded its offer with two new serviced apartment buildings at 3 and 15 West Lane.

Homelike Dubai
Homelike launches operations in Dubai

Reading Time: < 1 minute UAE: PropTech serviced apartment platform Homelike has launched operations in Dubai with an initial 2,500 units and an expected 6,000 units in the next six months.

AKA Marylebone renovation
AKA Marylebone reveals renovation of residences and townhouse

Reading Time: < 1 minute UK: Luxury hospitality group AKA Hotels+Hotel Residences has completed the renovation of its Marylebone property, including its three-bedroom Mews townhouse.

Everhome Suites Georgia
Everhome Suites debuts on the East Coast in Georgia

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.

Moving Doors Dubai
Moving Doors expands into Dubai with two units

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.

NUMA assets
NUMA reaches €2 billion assets under management

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.

Spring Budget 2024
Spring Budget 2024: How it will affect hospitality businesses

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.

Urban Rest New Zealand
Urban Rest enters New Zealand market

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.

Home2 Suites Dublin
Hilton signs Home2 Suites Dublin

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.