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.
AWH Partners expands in Colorado with dual-branded acquisition
Reading Time: < 1 minute US: Investment firm AWH Partners has acquired the dual-branded Residence Inn and Fairfield Inn & Suites, located in Broomfield, Colorado.
Forenom appoints country director for Sweden
Reading Time: < 1 minute Sweden: Corporate housing provider Forenom has appointed Erik Johnson as the group’s country director for Sweden, effective from the start of 2025.
SilverDoor promotes Neale to chief supply officer
Reading Time: < 1 minute Worldwide: Serviced apartment provider SilverDoor has promoted Alex Neale from SVP partner relationships to chief supply officer, effective immediately.
Appart’City partners with IDeaS across European portfolio
Reading Time: < 1 minute Europe: Montpellier-based aparthotel operator Appart’City has partnered with revenue management company IDeaS to support its portfolio of 90 properties.Â
Corporate long-stay booking solution TAN Checkout launches
Reading Time: < 1 minute UK: Serviced apartment provider The Apartment Network has launched TAN Checkout, a corporate booking solution for extended stays powered by 1-CP.
Ando Living Group acquires London operator City Apartments
Reading Time: < 1 minute UK: European serviced apartment operator Ando Living Group has acquired London-based operator City Apartments, marking the group’s entry into the United Kingdom.Â
The Other House Covent Garden set for late 2025 opening
Reading Time: < 1 minute UK: Aparthotel and members club The Other House is due to open its second property in London, located in Covent Garden in Q4 2025.Â
How the US election will impact travel and hospitality
Reading Time: 4 minutes US: Republican candidate Donald Trump has won the US election, making a historic return to the White House after four years of governance under the Democratic Party.Â
Bob W signs first property in Sweden
Reading Time: 2 minutes Sweden: Tech-powered hospitality operator Bob W has signed a lease for its debut property in Sweden, located in the capital Stockholm.
Mint House set to open Marathon Village early next year
Reading Time: < 1 minute US: Tech-enabled flexible living operator Mint House is due to open its fourth property in Nashville, Marathon Village in spring 2025.