US extended stay sector continues strong recovery
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: 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 Germany: Flexible housing provider Habyt will open 182 units in Quartier Heidestraße, a new urban development located in Europacity, this summer.
Reading Time: 2 minutes Worldwide: Travel and expense management company SAP Concur has released the sixth edition of its Global Business Travel survey.
Reading Time: 2 minutes Europe: Data released by serviced apartment agent SilverDoor has revealed that sporting events this summer are positively impacting ADRs across the continent.
Reading Time: 2 minutes Singapore: The Ascott Limited has signed a Memorandum of Understanding (MoU) with SG Enable, an agency for disability and inclusion in Singapore, to set new standards for accessible accommodation.
Reading Time: < 1 minute UK: Serviced apartment group Cheval Collection has appointed Tom Gibson to oversee its properties in Edinburgh as general manager.
Reading Time: < 1 minute Austria: TFE Hotels, the parent company of A by Adina, will debut the premium brand in Europe next year, located in Vienna.Â
Reading Time: 2 minutes US: Business travel management platform TravelPerk has acquired Chicago-based travel booking platform AmTrav.
Reading Time: < 1 minute UK: Operator Charles Hope Apartments has opened its second site in Manchester, close to the Northern Quarter in the NOMA district.
Reading Time: < 1 minute Worldwide: Operator Frasers Hospitality will deploy the SynXis Retailing solution by Sabre Hospitality to enhance its retail strategy.
Reading Time: 2 minutes UK: Aparthotel brand Roomzzz has increased its automated payments by 300 per cent after switching to property management software RMS Cloud.