US Extended stay occupancy levels rapidly improve
George Sell
30 June 2021
Reading Time: 2 minutes US: Extended stay occupancy rates continue to rise in the United States, nearly matching pre-pandemic levels.
Minor to bring Avani and Oaks brands to China via JV
George Sell
30 June 2021
Reading Time: < 1 minute China: Minor Hotels has formed a JV with Funyard Hotels & Resorts that will oversee development, operations, and sales and marketing of seven Minor Hotels brands in China.
ESA launches Premium Suites brand with 25 properties
George Sell
30 June 2021
Reading Time: < 1 minute US: Extended Stay America has assigned 25 “new or completely renovated” properties to its new higher price point brand.
Habyt expands through merger and successful funding round
George Sell
29 June 2021
Reading Time: 2 minutes Germany: Coliving company Habyt has merged with a competitor and closed a large series B round of funding.
Scape opens Guildford coliving property
George Sell
29 June 2021
Reading Time: 2 minutes UK: Scape has opened its first property under its new coliving brand, Living by Scape, in Guildford, Surrey.
Reading aparthotel and market plans approved
George Sell
28 June 2021
Reading Time: 2 minutes UK: The Reading Borough Council has unanimously approved plans to develop a town centre building into a market and aparthotel.
HCMC serviced apartment rates plummet
George Sell
28 June 2021
Reading Time: 2 minutes Vietnam: After a difficult pandemic year, serviced apartment rental prices in Ho Chi Minh City have continued to drop in recent months.
edyn launches Cove serviced apartment brand
George Sell
28 June 2021
Reading Time: < 1 minute UK: edyn has launched the Cove serviced apartment brand, and will open the first Cove-branded property in Liverpool.
JV to develop PBSA scheme in Portugal
George Sell
25 June 2021
Reading Time: < 1 minute Portugal: Student and coliving group BigCity and Reditum Capital have agreed joint venture funding for the development of a PBSA project in Porto.
SMARTments selects IDeaS for revenue management software
George Sell
25 June 2021
Reading Time: 2 minutes Germany: SMARTments business, the aparthotel brand of developer GBI, has selected IDeaS G3 Revenue Management System (RMS) to deliver automated, dynamic pricing and forecasting across its growing portfolio.
Habyt to launch 182 units in Europacity
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.
Travel managers challenged by cost pressures, report reveals
Reading Time: 2 minutes Worldwide: Travel and expense management company SAP Concur has released the sixth edition of its Global Business Travel survey.
Summer ADRs boosted by sports, report shows
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.
Ascott and SG Enable sign MOU to raise accessibility standards
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.
Cheval appoints GM for Edinburgh portfolio
Reading Time: < 1 minute UK: Serviced apartment group Cheval Collection has appointed Tom Gibson to oversee its properties in Edinburgh as general manager.
A by Adina to debut in Europe next year
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
TravelPerk acquires AmTrav to support US expansion
Reading Time: 2 minutes US: Business travel management platform TravelPerk has acquired Chicago-based travel booking platform AmTrav.
Charles Hope opens second Manchester location
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.
Frasers partners with Sabre Hospitality to enhance retail strategy
Reading Time: < 1 minute Worldwide: Operator Frasers Hospitality will deploy the SynXis Retailing solution by Sabre Hospitality to enhance its retail strategy.
Roomzzz increases automated payments with RMS Cloud
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.