Reading Time: < 1 minute APAC: Frasers Hospitality, a strategic business unit of Frasers Property, outlines plans to add 20 properties to its portfolio over the next four years.
Reading Time: 2 minutes UK/France: The Ascott Limited, the lodging business unit wholly owned by CapitaLand Investment, has signed six properties across Europe, including the debut of The Unlimited Collection.
Reading Time: 4 minutes UK: The Labour Party has secured a landslide victory and majority in the UK General Election, winning more than 326 of the 650 seats needed to gain a majority in the UK Parliament. At the time of writing, with three constituencies still to declare, Labour has secured 412 seats in
Reading Time: < 1 minute UK: Aparthotel brand Roomzzz will run its second annual Charity Week in mid-July, raising funds for its charitable organisation The Parklane Foundation.
Reading Time: 2 minutes Europe: Data released by serviced apartment agent SilverDoor has revealed that sporting events this summer are positively impacting ADRs across the continent.
Reading Time: < 1 minute Austria: TFE Hotels, the parent company of A by Adina, will debut the premium brand in Europe next year, located in Vienna.
Reading Time: < 1 minute Australia/New Zealand: TFE Hotels, the parent group of serviced apartment brand Adina Apartment Hotels, has appointed two general managers at its properties in Sydney CBD and Auckland.
Reading Time: 2 minutes UK: Boutique hotel and apartment collection Living Rooms will open 10 apartments at 65 Harley Street in Marylebone, London on 1 July 2024.
Reading Time: 2 minutes Saudi Arabia: Baheej Tourism Development Company, a joint venture between ASFAR, the Saudi tourism investment company owned by PIF, and the Tamimi-AWN Alliance, has signed an agreement with operator Kerten Hospitality for its premium Cloud7 brand in Yanbu.
Reading Time: < 1 minute UK: Developer Canary Wharf Group (CWG) has secured £553 million of financing, including an £80 million loan for two serviced apartment projects along West Lane.