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.
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.
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
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
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
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.
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
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,
Reading Time: 2 minutes UK: SACO Property Group has bought sites in Southwark and Dublin’s North Docks to develop two Locke aparthotels.
Reading Time: 3 minutes It has not gone unnoticed in the Americas that the European, and particularly the UK, serviced apartment and corporate housing markets are growing fast, performing well and attracting institutional investment. The UK saw a 5.5 per cent increase in REVPAR during H1 2017 according to figures from STR and ASAP,