UXCO Group secures €140 million funding
George Sell
25 November 2021
Reading Time: 2 minutes France: PBSA operator UXCO Group has secured €140 million of financing from BNP Paribas for its ECLA Campus in Paris.
Situ adds location technology to its platform
George Sell
24 November 2021
Reading Time: < 1 minute UK: Serviced apartment agency Situ has adopted what3words location technology into its core platforms. The what3words address for each property
edyn opens fifth London Locke
George Sell
24 November 2021
Reading Time: < 1 minute UK: Aparthotel brand Locke has opened Buckle Street Studios by Locke in Aldgate – its 11th property, and fifth location
Condor sells hotel portfolio to Blackstone affiliate
George Sell
22 November 2021
Reading Time: < 1 minute US: Condor Hospitality Trust has completed the sale of its 15-hotel portfolio. The sale of the hotels was completed following
Naef Immobilier acquires stake in Homenhancement
George Sell
22 November 2021
Reading Time: < 1 minute Switzerland: Property management specialist Naef Immobilier has acquired a stake in Geneva-based serviced apartment operator Homenhancement. Homenhancement will remain an
Cortland and Harrison Street acquire Birmingham BTR project
George Sell
18 November 2021
Reading Time: 2 minutes UK: Multifamily developer and operator Cortland has teamed up with investment manager Harrison Street to develop a 440-unit BTR property
edyn opens second Dublin Locke property
George Sell
18 November 2021
Reading Time: < 1 minute Ireland: Beckett Locke in Dublin’s Docklands is the second opening for the brand in the Irish capital, and its third
Ascott makes Penang debut with Sky Residence Prai
George Sell
18 November 2021
Reading Time: < 1 minute Malaysia: Ascott has opened Sky Residence Prai, its first property in Penang and its ninth operational property in Malaysia. Sky
Mainsail rebrands corporate housing division
George Sell
18 November 2021
Reading Time: 2 minutes US: Mainsail Lodging & Development has announced the launch of Stay Sojo, a rebranded and expanded incarnation of the company’s
Cycas set for Swiss debut with Sion deal
George Sell
18 November 2021
Reading Time: 2 minutes Switzerland: Cycas Hospitality has signed the 119-room Holiday Inn Express & Suites Sion, its first property in the country. The
Lemon Tree signs all-suite hotel at Saya SouthX
Reading Time: < 1 minute India: Developer Saya Group has partnered with Carnation Hotels Pvt Ltd, a subsidiary of Lemon Tree Hotels, to manage 336 fully-serviced suites at its mixed-use project Saya SouthX in Greater Noida West, Uttar Pradesh.
Charles Hope Brentford introduces Uber Kiosk
Reading Time: < 1 minute UK: Serviced apartment property Charles Hope Brentford has launched an Uber Kiosk in its lobby to provide guests with information on local and national transport.
Zoghlin takes CEO role at Duetto
Reading Time: < 1 minute US: Revenue management software company Duetto has named board member Alex Zoghlin as its CEO, succeeding David Woolenberg who has decided to step down.
DTZ Investors buys Staycity Edinburgh for £12 million
Reading Time: < 1 minute UK: Real estate investment firm and asset manager DTZ Investors has acquired the Staycity Aparthotels Edinburgh property for £12 million.
Up close and personal: Siew Kim Beh, CapitaLand and Ascott
Reading Time: < 1 minute SAN reporter Claudia Schergna chats with Siew Kim Beh, chief financial and sustainability officer of CapitaLand Investment and managing director for Japan and Korea at The Ascott Limited, about how the lines between hotels, extended stays and aparthotels are blurring, accessibility, sustainability commitments and more.
Airlines reroute and cancel flights as Middle East conflict escalates
Reading Time: 2 minutes Middle East: Airlines are suspending services to the Middle East as rising conflict continues to disrupt key air corridors in the region.
CityBlue Hotels opens Kilua Residences in Mombasa
Reading Time: 2 minutes Kenya: CityBlue Hotels has opened its luxury beachfront property Kilua Residences in Mombasa, which caters to both short and long-term stays.
Plans in for Edinburgh 28-room aparthotel on warehouse site
Reading Time: 2 minutes UK: Scottish property-letting company Eren Properties Scotland Limited has submitted plans to demolish a vacant warehouse at 254 Leith Walk, Edinburgh, and build an 11-unit aparthotel with a total of 28 bedrooms.
Noble Investment Group expands asset management team
Reading Time: < 1 minute US: Real estate firm Noble Investment Group has appointed two directors of asset management across its extended stay and upscale select-service platforms.
Louvre opens first aparthotel in Ukraine under TULIP brand
Reading Time: < 1 minute Ukraine: TULIP Hotels & Residences, part of Louvre Hotels Group, has opened its first aparthotel in Ukraine located in Lviv.