Reading Time: 2 minutes Switzerland/Germany: Zurich-based Serviced Apartments Platform AG, which has invested in Acomodeo since 2020, has completed the total acquisition of the online booking platform.
Reading Time: < 1 minute US: Economy and extended stay hotel operator Red Roof has named George Limbert as president of the company effective immediately.
Reading Time: < 1 minute UK: Watkin Jones has received resolution to grant planning permission for a 600-unit mixed-use BTR and PBSA scheme in Bath.
Reading Time: < 1 minute US: The Book Tower, one of the most iconic buildings in Downtown Detroit is being redeveloped to include the city’s first extended stay hotel.
Reading Time: < 1 minute UK: Liverpool City Council is expected to approve the conversion of 62 Duke Street into a 25-unit aparthotel.
Reading Time: < 1 minute UK: London serviced apartment operator The Residence has added The Residence @ Kensington to its portfolio.
Reading Time: < 1 minute UK: Lloyds Banking Group’s new BTR division, Citra Living, has plans to become the biggest BTR landlord in the UK.
Reading Time: < 1 minute US: Sandpiper Hospitality has continued its recent acquisition activity in the extended stay space with the addition of two new Savannah Suites hotels, one in Arvada, Colorado and one in Pleasanton, Texas.
Reading Time: 2 minutes UK: The Gresham Aparthotel in Leicester, which is due to open later this year, has appointed the operator of its central bar and restaurant.
Reading Time: < 1 minute UK: Homelike, an online platform for mid- to long-stay accommodation, has expanded its team in response growing demand for mid-term rentals.
Reading Time: < 1 minute US: Choice Hotels’ extended stay brand Everhome Suites has expanded to three locations in Texas, Kansas and Kentucky.
Reading Time: < 1 minute UK: Plans have been submitted to Coventry City Council to convert a vacant Co-op corner store in St Michael’s into a 24-bed aparthotel.
Reading Time: 2 minutes Worldwide: Short-term rental apartment management company Sonder has entered into a long-term licensing agreement with Marriott, in addition to securing $146 million in liquidity.
Reading Time: < 1 minute South Africa: Luxury property Saxon Hotel, Villas and Spa will open its aparthotel Steyn City Hotel by Saxon in Johannesburg this October.
Reading Time: < 1 minute Thailand: Management company Cross Hotels & Resorts has signed an agreement with Yutthaporn Development for two hotels in Srinakarin, Bangkok.
Reading Time: < 1 minute Malaysia: Developer Paragon Globe Berhad has signed development rights for its first serviced apartment project in Johor Bahru, in the Tropicana Danga Bay master plan.
Reading Time: 2 minutes UK: Plans have been approved by Westmorland and Furness Council for Leo Sawrij Limited to convert four former student housing buildings at Newton Rigg College into a hotel and serviced apartments.
Reading Time: < 1 minute UK: TS R1, set up by developer Town Square Group, has applied to Newcastle City Council for permission to convert the upper floors of the TJ Hughes store into serviced apartments.
Reading Time: < 1 minute Zakee Ahmed, CEO of flexible living platform Livinc, part of The Parklane Group, talks to IHM’s editor-in-chief George Sell about creating a seamless customer journey for relocation residents; why coliving is the next big thing for the company and the wider real estate sector; why he is optimistic about the development landscape, and much more.
Sonder’s ticket to recovery
Reading Time: < 1 minute SAN editor Eloise Hanson comments on Sonder’s strategic agreement with Marriott. Read more on Serviced Apartment News.