Future franchising
Eloise Hanson
5 June 2024
Reading Time: < 1 minute SAN editor Eloise Hanson comments on Adagio’s plan to increase its proportion of franchised properties to 35 per cent by 2030.
Hotel Co 51 appoints Androliakos as CEO
Eloise Hanson
4 June 2024
Reading Time: 2 minutes The Netherlands: Amsterdam-based operator Hotel Co 51 has named Wayne Androliakos as the company’s CEO, succeeding Tobias Linder.
CapitaLand Ascott Trust acquires Standard at Columbia in full
Eloise Hanson
4 June 2024
Reading Time: 2 minutes US: CapitaLand Ascott Trust (CLAS) has acquired the remaining 10 per cent stake in Standard at Columbia, a student accommodation property in South Carolina.
Club Quarters opens Rusk House Serviced Apartments in Texas
Eloise Hanson
3 June 2024
Reading Time: < 1 minute US: Boutique hotel brand Club Quarters Hotels has opened Rusk House Serviced Apartment in Downtown Houston, Texas.Â
Serviced Apartment Awards 2024: Highlights
Eloise Hanson
3 June 2024
Reading Time: < 1 minute On Thursday May 23, we celebrated the ninth edition of the Serviced Apartment Awards – also known as the ‘Oscars of the industry’. We welcomed serviced apartment owners, operators, investors, agents, travel buyers, and suppliers for an unforgettable evening of celebration over a three-course dinner with drinks and sparkling entertainment at the Leonardo Royal Hotel London Tower Bridge.
Dwellworks promotes Rosing and Conigliaro
Eloise Hanson
31 May 2024
Reading Time: 2 minutes US: Destination services and temporary living provider Dwellworks has promoted Bob Rosing to executive chairman and James Conigliaro to CEO, effective immediately.
Peachtree secures approval for EB-5 funded Home2 Suites Boone
Eloise Hanson
31 May 2024
Reading Time: < 1 minute US: Real estate investment firm Peachtree Group has received approval from the United States Citizenship and Immigration Services (USCIS) for the development of Home2 Suites Boone, North Carolina.
Ascott to open lyf property in Frankfurt
George Sell
31 May 2024
Reading Time: 2 minutes Germany: Ascott has brought its lyf ‘social living brand’ to Frankfurt
Georgian House launches Chinnery House serviced apartments
Eloise Hanson
30 May 2024
Reading Time: < 1 minute UK: Independent boutique property Georgian House Hotel, located in Pimlico, London, has opened Chinnery House – a collection of serviced apartments on Alderney Street.
Adagio targets franchised pipeline
Eloise Hanson
30 May 2024
Reading Time: < 1 minute Europe: Aparthotel brand Adagio has increased its franchised network from five aparthotels in 2018 to 28 today, representing around 20 per cent of its total portfolio.
Marriott TownePlace Suites breaks ground in De Pere
Reading Time: < 1 minute US: Construction has begun at Marriott TownePlace Suites extended stay hotel in downtown De Pere, Wisconsin, after the building sat vacant for six years.
Highside secures $500 million financing to grow Everhome Suites
Reading Time: 2 minutes US: Denver-based real estate company Highside has secured $500 million financing from affiliates of Apollo to support the expansion of Everhome Suites.
Element by Westin Wilmington opens in North Carolina
Reading Time: < 1 minute US: Developed by Vision Hospitality Group and CBL & Associates, the 139-key Element by Westin Wilmington has opened in Mayfair Town Centre.
IKEA to supply staging and furniture for Urban Living Festival
Reading Time: 3 minutes UK: Urban Living Festival (ULF), London’s cutting edge networking and educational event for the living, hospitality and flex workspace sectors, is delighted to be working with global home furnishings brand IKEA.
Urban Rest to open Melbourne CBD flagship in 2026
Reading Time: < 1 minute Australia: Flexible living operator Urban Rest has signed a hotel management agreement to run a 150-key property at 23-33 Lonsdale Street in Melbourne CBD, marking its largest project to date.
Occupancy climbs in European serviced apartments
Reading Time: 2 minutes Europe: Serviced apartments across the continent saw occupancy rise 3.8 per cent in 2024, boosting RevPAR and prompting a shift toward longer stays.
SilverDoor and Synergy to merge operations under single group
Reading Time: 2 minutes UK/US: Habicus Group, owner of SilverDoor, and The Ascott Limited, parent company of Synergy Global Housing, will merge SilverDoor and Synergy’s operations to unite the brands under a single group.
Ascott adapts extended stay brands for resorts
Reading Time: 2 minutes Worldwide: The Ascott Limited, the wholly owned lodging business unit of CapitaLand Investment, now has around 50 resort properties in operation and under development globally.
Smartments opens new property in Hamburg Hamm
Reading Time: < 1 minute Germany: Serviced apartment operator smartments has opened a 160-unit property in the Hamburg district of Hamm, marking the debut of its new lobby concept. The …
Cascade secures $110 million refinancing for Tampa aparthotel
Reading Time: < 1 minute US: Real estate investment group Cascade Investment has secured a $110 million interest‑only, five‑year fixed‑rate loan from PGIM Real Estate for the refinancing of Asher Residences in Tampa.