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LHN

LHN Group buys GSM Building for $80million

Isha Borkar 14 February 2023

Reading Time: < 1 minuteSingapore: Real estate company LHN Group has bought the GSM Building for $80 million to expand its serviced residences offering.

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Pellicano

Pellicano launches serviced apartment brand

Isha Borkar 14 February 2023

Reading Time: < 1 minuteAustralia: Pellicano Group is launching a short-term accommodation brand called Rambla.

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Highland Group

US extended stay revenue and ADR growth reach record levels

Isha Borkar 13 February 2023

Reading Time: < 1 minuteUS: Highland Group report says that extended-stay hotel revenue and ADR growth set records when supply growth falls. Read more on SAN.

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WaterWalks

WaterWalk breaks ground at The Bridges on Tucson’s south side

Isha Borkar 13 February 2023

Reading Time: < 1 minuteUSA: WaterWalk will open a 126-room hotel with apartment-style suites, catering to business travellers or families for extended-stays in Tucson. Construction of a third extended

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ISAAP

EXCLUSIVE: ISAAP to launch sustainability standard  

Felicity Cousins 10 February 2023

Reading Time: 3 minutesWORLDWIDE: ISAAP has developed a new sustainability standard for operators and providers of serviced accommodation.

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Nesuto Docklands

Lunardello appointed GM of Nesuto Docklands Apartment Hotel

Isha Borkar 7 February 2023

Reading Time: < 1 minuteUK: Damon Lunardello will lead Nesuto’s first new-build apartment hotel, opening in Victoria this February 2023.

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Hyatt House

Hyatt House opens Orlando Airport property

Isha Borkar 7 February 2023

Reading Time: < 1 minuteUSA: Hyatt Hotels has announced the official opening of Hyatt House Orlando Airport.

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Ascott

Ascott to bring Citadines brand to Djibouti

Isha Borkar 7 February 2023

Reading Time: < 1 minuteDjibouti: The Ascott Limited will launch its first property in Djibouti and 12th in Africa by entering into a partnership with local real estate group, Salaam Properties.

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CitySpace

CitySpace opens apartments in west London’s tallest building

Isha Borkar 7 February 2023

Reading Time: < 1 minuteUK: One West Point building by City Space, the tallest building in London, is now officially open.

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Jastar Capital

Jastar Capital buys Native Bankside

Isha Borkar 6 February 2023

Reading Time: < 1 minuteUK: Jastar Capital has acquired the Native Bankside aparthotel for £40 million from vendor Create REIT.

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