Reading Time: 2 minutes Australia: The Ascott Ltd has secured full ownership of Quest Apartment Hotels after acquiring founder Paul Constantinou’s remaining 20 per cent stake for an undisclosed sum.
Reading Time: < 1 minute Germany: Serviced apartment provider Brera will implement IDeaS G3 RMS in six of its locations.
Reading Time: < 1 minute UK: Investment manager Orchard Street has received planning consent to convert the former Debenhams department store in Leeds into a PBSA-led mixed-use scheme.
Reading Time: < 1 minute UK: Synergy Global Housing has appointed Jessica Land as global business development manager for EMEA.
Reading Time: < 1 minute US: The Chamberlain Group, a global provider of smart access solutions, has been acquired by private equity funds managed by Blackstone.
Reading Time: < 1 minute UK: London-based aparthotel brand The Other House has appointed seasoned hotelier Simon Drake as general manager.
Reading Time: < 1 minute UK: The redevelopment of Bromley Town Hall in south London has been granted planning permission for a mixed-use scheme, with a scheduled opening for May 2022.
Reading Time: 2 minutes UK: Habicus Group, the parent company of serviced apartment agent SilverDoor, has completed the acquisition of The Apartment Service for an undisclosed sum.
Reading Time: < 1 minute UK: Gem Hotels has acquired Wardrobe Court in central London from British Land in a sales process run exclusively by CBRE.
Reading Time: < 1 minute UK: Malaysian developer and hotelier Eastern and Oriental (E&O) has officially opened a 54-key aparthotel in London.
Reading Time: 2 minutes Worldwide: Sustainability consultancy Considerate Group has updated its ESG data intelligence platform Con-Serve, developed in partnership with Deepki.Â
Reading Time: < 1 minute US: Upscale economy hotel chain Red Roof has opened a new build and prototype, the HomeTowne Studios by Red Roof Tampa – Airport.
Reading Time: < 1 minute UK: Aparthotel operator Staycity Group has opened its fourth Wilde property in London, located close to Liverpool Street Station.
Reading Time: < 1 minute UK: The luxury Sanctum Apartments, located in north-west London, is being marketed at a guide price of £30 million by real estate agency Savills.
Reading Time: < 1 minute India: Construction company Leighton Asia has secured a $87 million contract by property developer Elan Group for a mixed-use serviced apartment project in Gurgaon, India.
Reading Time: 2 minutes Singapore: Corporate accommodation provider CAP Worldwide has expanded its global leadership team with the appointment of Jingpei Lin as director of APAC.
Reading Time: < 1 minute UK: Vertus Edit, the first aparthotel project from Vertus, the BTR arm of Canary Wharf Group, is scheduled to open in February 2025.
Reading Time: 2 minutes Worldwide: The latest quarterly report from SilverDoor reveals that, due to increases in supply, corporate travel is expected to increase worldwide as managers negotiate rates and value.
Reading Time: < 1 minute US: The WaterWalk brand, which joined Wyndham’s extended stay portfolio earlier this year, has launched its management arm WaterWalk Hospitality.
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.