Cycas leadership team
Cycas expands leadership team with three appointments

Reading Time: 2 minutes UK: Hospitality management company Cycas has appointed three members to its leadership team.

Mews unicorn
Mews raises $110 million reaching unicorn status

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.

Beechurst Serviced Apartments
Beechurst Serviced Apartments achieves B Corp status

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.

Radisson UK serviced apartments
Radisson to launch first UK serviced apartments in 2027

Reading Time: < 1 minute UK: Radisson Hotel Group has signed its first UK serviced apartments in Glasgow, with a target opening of 2027.

HotelREZ team
HotelREZ grows senior team with three appointments

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.

VAT serviced apartment
Should VAT be charged on serviced apartment rents?

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.

Ascott campaign
Ascott celebrates record year, launches campaign to spur growth

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.

Adagio coliving
Adagio outlines 2024 plans including UK launch of coliving concept

Reading Time: 2 minutes EU: Aparthotel brand Adagio has outlined its 2024 openings including the launch of its coliving concept in the UK. 

NUMA
NUMA Group expands into Denmark

Reading Time: 2 minutes Denmark: Digital hospitality platform NUMA Group has announced its expansion into Denmark through a partnership with global real estate investment manager Invesco Real Estate. As a result, …

Report shows geopolitical impact on global ADRs

Reading Time: 2 minutes Worldwide: Serviced apartment agent SilverDoor has released its first market quarterly update report for 2024 which highlights the impact of geopolitical change on global ADRs.