Industry News
Locke to open Lisbon aparthotel this summer
Reading Time: < 1 minute Portugal: Lifestyle aparthotel brand Locke will open its sixteenth property, Locke da Santa Joana, in Lisbon this summer.
Industry News
Beechurst Serviced Apartments achieves B Corp status
Reading Time: 2 minutes UK: Cheltenham-based operator Beechurst Serviced Apartments has achieved B Corp certification, becoming one of the first serviced apartment providers in the UK to do so.
Industry News
Expedia Group to reduce team headcount by nine per cent
Reading Time: 2 minutes US: Online travel agency Expedia Group is to cut around 1,500 jobs, accounting for nine per cent of the company’s overall headcount, as part of a restructuring and cost-cutting measure. In an internal memo, CEO Peter Kern revealed that the majority of the roles affected within the operational review would be in
Features
IHM A-Z: What’s next in travel, hospitality and real estate in 2024?
Reading Time: 20 minutes Worldwide: IHM’s editorial team [George Sell, editor-in-chief; Paul Stevens, editor – short-term rentals; and Eloise Hanson [editor – hospitality] provide a glimpse into what to expect for the travel, hospitality and real estate sectors in 2024 in our annual A-Z article. A is for All-inclusive The new wave of all-inclusive hotels
Industry News
US economy extended-stay supply bolstered by conversions
Reading Time: 2 minutes US: The latest extended-stay report from The Highland Group reveals that the economy sector has witnessed a 13 per cent increase in supply in November 2023 compared to last year.
Industry News
SilverDoor report reveals global decline in ADRs
Reading Time: 2 minutes Worldwide: Serviced apartment agent SilverDoor has released its final market update report for 2023, revealing a decline in ADRs and growth in economy accommodation.
Industry News
Adina Hotels launches internal exchange program Go Global
Reading Time: < 1 minute Worldwide: Australian serviced apartment brand Adina has introduced an internal exchange program called Go Global, which allows employees to live and work at local Adina properties in different countries.
Supplier News
DACH serviced apartments report stronger ADRs than hotels
Reading Time: 1 minute DACH: According to property management platform Apaleo, serviced apartment operators in the DACH region witnessed a four per cent improvement on ADRs in Q3 2023.
Industry News
Sharper focus on sustainability for travel managers, report shows
Reading Time: 2 minutes Worldwide: Serviced apartment provider SilverDoor has released a market update report which reveals that travel and relocation managers are sharpening their focus on sustainability.
Industry News
Warren Collection expands in Malta
Reading Time: < 1 minute Malta: Serviced accommodation provider Warren Collection has launched its second property in Malta, following the group’s European debut earlier this year.