Features

Serviced apartment, aparthotel and hospitality trends for 2020

Reading Time: 10 minutes SAN editor George Sell looks at some of the key trends that will shape the global serviced apartment and aparthotel sector in 2020. • I SHOULD CO CO Co-living and co-working are two sectors which have very rapidly moved from being left-field products for a marketeer’s dream audience of trendy young

Industry

SACO rebranded as edyn

Reading Time: < 1 minute UK: SACO is bringing its portfolio of brands together under a new group identity.

Features

Up close and personal with Max Thorne, MRP Group

Reading Time: 2 minutes In the latest of a regular series, we find out what makes some of the leading figures in the serviced apartment and aparthotel sectors tick. This time, we speak to Max Thorne, chief executive of MRP Group. • The best part of my job is… Creating new serviced apartment opportunities.

Industry

Superior Court boost for AKA West Hollywood

Reading Time: 2 minutes US: A Superior Court judge has denied the City of West Hollywood’s request to dismiss several parts of a lawsuit brought against it by the owner of AKA West Hollywood.

Editor’s Comments

Developing value

Reading Time: < 1 minute The rapidly growing Dublin-based operator has already undertaken the role of developer for the recently announced dual branded Wilde/Premier Inn project in London’s Paddington, and now it is planning to develop up to 20 per cent of its properties in-house. The major hotel companies have been in such a rush

Features

Quick Q&A: Stephen McCall, SACO

Reading Time: 4 minutes SACO’s new CEO Stephen McCall talks to SAN about rolling out the Locke brand to capitalise on the Airbnb-effect that has boosted consumer awareness of apartments. • Can you give us some background on your career history before you joined SACO? “Most of my 25 year career has been spent

Editor’s Comments

Changing of the guard

Reading Time: < 1 minute To attract the likes of Stephen McCall from a top role at IHG is quite a coup, and one which demonstrates that with Brookfield’s financial might behind it, SACO, and particularly its Locke brand, is on the fast track. McCall is an 18-year veteran at IHG, occupying a number of

Industry

Hanton to leave SACO at end of November

Reading Time: < 1 minute UK: SACO CEO Stephen Hanton will be leaving the business at the end of November, to be replaced by former IHG COO Stephen McCall.

Features

Hospitality M&A: the OpCo and PropCo story

Reading Time: 5 minutes Andrew Harrington of AHV Associates looks at the increasing levels of merger and acquisition activity in the hospitality sector. This is where the hospitality industry comes in. Hotel properties have only recently become mainstream assets for generalist real estate investors, while hotel operating companies have remained mostly untouched by financial

Features

Diversification and risk sharing with serviced apartments

Reading Time: 4 minutes In the second of a series of reports from Germany, Jan Winterhoff, director of hotel development at GBI AG, describes how project developers survey site conditions and why Mixed-Use is a good concept for the future. This week, important decisions will be made in Europe on how the hotel market,