Blueground raises $180m at $750m valuation

Reading Time: 2 minutes US / Greece: Short-term furnished apartment rental startup Blueground has raised $180 million in Series C funding, including $140 million in equity funding, from investors headed up by WestCap Group managing partner Laurence Tosi, giving the company a reported valuation of $750 million.

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JLL Short Stays launches to compete with major OTAs

Reading Time: 2 minutes UK: Real estate services firm JLL has announced the launch of JLL Short Stays, a booking platform offering business and leisure travellers professionally managed and fully flexible short-term rental accommodation in the UK, in a bid to compete with the major online travel agencies [OTAs] in the segment.

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Sandpiper adds Texas properties

Reading Time: < 1 minute US: Sandpiper Hospitality has been selected to manage four properties currently under development in Texas that will join the Wyndham Hotels & Resorts portfolio.

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Hyatt Studios
Hyatt Studios set to debut in spring 2025

Reading Time: < 1 minute US: Hyatt’s upper-midscale extended stay brand Hyatt Studios is expected to debut in 2025 with a property in Mobile, Alabama.

Carbis Bay Estate
Carbis Bay Estate expands collection of serviced accommodation

Reading Time: < 1 minute UK: Family-run Cornish hotel Carbis Bay Estate has expanded its collection of luxury serviced accommodation with the launch Treloyhan Residences.

Bristol aparthotel
Mixed-use Bristol aparthotel project given green light

Reading Time: < 1 minute UK: Bristol City Council has granted planning permission for a mixed-use aparthotel, hotel and BTR scheme in Temple Quarter.

serviced apartments
European serviced apartments show higher KPIs than hotels

Reading Time: 2 minutes Europe: The latest research from Savills examines the performance, pipeline, transactions and more of serviced apartments across Europe.

Pandox extended stay
Pandox buys three London extended stay hotels for £230 million

Reading Time: < 1 minute UK: Hotel property owner Pandox has completed the acquisition of three extended stay hotels comprising 503 rooms in central London for £230 million.

Leisure demand
Leisure demand on the rise, reports Cheval

Reading Time: 2 minutes UK: Results from the 2024 Annual Travel Survey Report by Cheval Collection reveals that 72 per cent of travellers are planning at least three leisure trips over the next year.

Tralee aparthotel
Plans submitted for Tralee aparthotel conversion

Reading Time: < 1 minute Ireland: Plans have been lodged with Kerry County Council to convert the former Caball’s toyshop and Kerry Bookshop in Tralee into a 24-bed aparthotel.

Charles Hope Hove
Charles Hope launches in Brighton and Hove

Reading Time: < 1 minute UK: Operator Charles Hope Apartments has launched its latest offering in Hove, Brighton.

room2 Manchester
Recommended green light for room2 Manchester project

Reading Time: 2 minutes UK: Plans for a 251-bed room2 hometel in Manchester Piccadilly has been recommended by officers to receive a green light from Manchester City Council next week.

travel
IHM’s 2025 ones to watch in travel, hospitality and real estate

Reading Time: 18 minutes Worldwide: Drawing from the coverage provided by four sector-leading B2B websites, the editorial team at International Hospitality Media [IHM] have once again compiled a list of 25 influential leaders spanning the travel, hospitality and real estate landscape who they believe have a big 12 months ahead of them.