Supplier News

McAleer & Rushe awarded contract for Paddington development

Reading Time: < 1 minute It has been awarded an £82 million contract to build a 373-bed Premier Inn and a 247-bed Wilde by Staycity aparthotel across 19 floors. Led by developer Concierge 3, a consortium of BSW Land & Property, Staycity and The Pickstock Group, the scheme is the final stage of the Paddington

Editor’s Comments

Capital Gains

Reading Time: < 1 minute The London serviced apartment market has always been a competitive one, but things are really hotting up at the moment. The sad recent demise of  City Marque was perhaps an indicator of the dangers of expanding too rapidly – other factors in the market are intense competition for sites and the undoubted

Editor’s Comments

No hesitation

Reading Time: < 1 minute We are only in the second week of the new year and the serviced apartment industry’s players are already making their first moves of 2016. Ascott’s tie up with the travel arm of Chinese online retailer Alibaba gives it enormous exposure to new potential guests. To put it in to

Features

The ones to watch in 2015

Reading Time: 6 minutes   Roman Bach, 9flats.com Bach, co-founder of peer-to-peer rentals website 9flats.com is on a mission to add serviced apartment inventory to his company’s offer. Focused on the European traveller and on the intercontinental guest coming to Europe, the site offers accommodation in 153,000 locations and counting. Its recent innovations include