Apartment-style retreat Shorehouse Hotel opens in Colorado
Eloise Hanson
13 May 2024
Reading Time: < 1 minute US: The independently owned and operated Shorehouse Hotel, located in Buena Vista, Colorado, has opened.
Ascott announces plans for major MENA expansion
George Sell
9 May 2024
Reading Time: < 1 minute UAE: The Ascott Limited has unveiled ambitious expansion plans to grow its portfolio in the MENA region.
Preston serviced apartments to open in July
George Sell
9 May 2024
Reading Time: < 1 minute UK: Property management and development company The Nurtur Group will open its first serviced apartments offering in Preston, Lancashire, on 1st July.
Rotana unveils serviced apartment expansion plans
George Sell
9 May 2024
Reading Time: 2 minutes UAE: Rotana has revealed its growing pipeline of planned openings in the Middle East, Africa and the UK..
US extended stay RevPAR declines for first time in three years
Eloise Hanson
7 May 2024
Reading Time: < 1 minute US: The 2024 First Quarter US Extended-Stay Hotels Report, published by The Highland Group, reveals a decline in RevPAR for the first time in three years.
The rise of coliving and its impact on serviced apartments
Sean Wewer
7 May 2024
Reading Time: 4 minutes Sean Wewer, Homelike’s country manager – DACH and Italy, shares some insights on the rise of coliving and what this means for serviced apartment providers.
Urban Rest acquires The Urban Butler for NZ expansion
Paul Stevens
7 May 2024
Reading Time: 2 minutes Australia / New Zealand: Urban Rest, a provider of flexible alternative accommodations serving the corporate market, has announced its acquisition of New Zealand
New Orleans dual-branded Courtyard-SpringHill acquired for $73m
Eloise Hanson
3 May 2024
Reading Time: < 1 minute US: The 410-room dual-branded Courtyard New Orleans and SpringHill Suites New Orleans Warehouse Arts District has been sold for $73 million.
NUMA Group establishes brand advisory board
Eloise Hanson
3 May 2024
Reading Time: 2 minutes Germany: Digital hospitality platform NUMA Group has established its brand advisory board, aimed at “accelerating growth” for the company.
Mövenpick Living Istanbul Saklıvadi opens
Eloise Hanson
2 May 2024
Reading Time: < 1 minute Turkey: Accor’s premium brand Mövenpick has opened its Living Istanbul Saklivadi property in the city’s shopping district of Vadistanbul.
Bob W appoints two real estate execs
Reading Time: 2 minutes Finland: Tech-powered hospitality operator Bob W has appointed Badis Boudjakdji as real estate director for Iberia and Renato Sciannimanico as real estate director for Southern Europe.
WestProp breaks ground an Radisson apartments in Zimbabwe
Reading Time: < 1 minute Zimbabwe: Developer WestProp Holdings Limited has broken ground on the first Radisson-branded serviced apartments in the country.
Bank of England cuts interest rates by quarter point
Reading Time: 3 minutes UK: The Bank of England has cut the cost of borrowing, reducing the base interest rate from 4.5 per cent to 4.25 per cent, a decision that stems from concerns about global economic uncertainties, particularly US trade tariffs.
Your Apartment expands in London with Camden site
Reading Time: < 1 minute UK: Serviced apartment brand Your Apartment has opened its latest London property, located in Camden.
Sydney aparthotel sold for coliving conversion in $31.5 million deal
Reading Time: < 1 minute Australia: BGO Strategic Capital Partners and Hotel Capital Partners have acquired the Sydney Potts Point Central Apartment Hotel for AUS$31.5 million.
Caliber signs 15 Hyatt Studios development deal across the US
Reading Time: 2 minutes US: Real estate investor, developer, and manager Caliber Hospitality Development has signed an agreement with Hyatt to develop 15 Hyatt Studios hotels across five states.
Branded residences to top 1,600 global projects by 2030
Reading Time: 2 minutes Worldwide: The sixth edition of Branded Residences: An Overview, an independent report by Graham Associates, provides the latest data and analysis on the global branded residences sector.
Cost pressures and fragmented carbon data hinders green travel
Reading Time: 2 minutes UK: A sustainability roundtable hosted by global serviced apartment agent SilverDoor found that fragmented carbon data and cost pressures are preventing businesses from meeting their travel sustainability targets.
Millennials and Gen Z want more business trips, CTM finds
Reading Time: 2 minutes Worldwide: Data from global business travel specialist Corporate Travel Management (CTM) shows that Millennials and Gen Z employees want to travel more for work and see business travel as a key driver of professional growth and job satisfaction.
The July to launch first UK aparthotel in London Victoria this June
Reading Time: 2 minutes UK: Amsterdam-based hospitality brand The July is set to open its first UK property this June, unveiling a 114-room aparthotel in London’s Victoria district.