Reading Time: 3 minutes US: The Highland Group has released its June bulletin, revealing details of the recovery of the extended stay sector post-pandemic.
Reading Time: 2 minutes US: Coliving provider Eddy has expanded its Los Angeles presence with a new student facility.
Reading Time: < 1 minute UK: Gatehouse Bank and TPG Real Estate Partners have announced a joint venture to develop about 2,500 family rental homes.
Reading Time: < 1 minute US: Private equity firm KSL Capital Partners has launched Mission Hill Hospitality, a portfolio company created to acquire select service and extended stay hotels.
Reading Time: 2 minutes Mexico / Brazil: Mexico City-based short-term rental tech startup Casai is expanding into the corporate serviced apartment industry by acquiring the Brazilian operations of Danish firm Q Apartments.
Reading Time: < 1 minute US: Red Roof unveiled a new prototype for its HomeTowne Studios (HTS) by Red Roof extended stay brand at the 2021 AAHOACON conference of hotel franchisees.
Reading Time: 2 minutes US: Chatham Lodging Trust has acquired two branded extended stay hotels comprising 269 rooms at the Domain mixed-use development in Austin, Texas.
Reading Time: < 1 minute Bahrain: Hilton’s DoubleTree brand will make its debut in Bahrain with 113 serviced apartments.
Reading Time: < 1 minute UK: Southern Grove has revealed plans for a £55 million mixed-use student PBSA project in Hackney Wick.
Reading Time: 2 minutes UK: Real estate investor and developer Long Harbour is to create a £1.5 billion BTR platform with JV partners PSP Investments and Cadillac Fairview.
Reading Time: < 1 minute Europe: Third-party operator Cycas Hospitality has expanded its development team with the promotions of Craig Patterson to CDO and Jeroen Steensma to director of feasibility and development.Â
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.