Reading Time: 2 minutes Europe: An HVS survey of the serviced apartment market in Europe reveals profitability has returned to pre-pandemic levels, driving by strong leisure demand.
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.
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.
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.
Reading Time: < 1 minute France: European aparthotel brand Adagio has become the official partner of indoor venue Paris La Défense Arena, effective until June 2026.
Reading Time: 2 minutes France: Hospitality group Accor has provided an update on its extended stay portfolio, which encompasses more than 380 properties and 45,000 keys.
Reading Time: < 1 minute Lifestyle extended stay brands will grow in popularity and help to cement serviced apartments and aparthotels within mainstream hospitality.
Reading Time: < 1 minute Georgia: Accor has announced plans for the first property in Georgia under its Novotel Living extended stay brand.
Reading Time: 2 minutes KSA: Accor and Erth Real Estate Company will open three new hotels in Riyadh as part of a new master planned development project.
Reading Time: 2 minutes EMEA: Accor has appointed Paul Stevens as COO for the Middle East, Turkey and Africa, taking responsibility for the group’s premium, midscale and economy division in the region.
Reading Time: < 1 minute SEA: Management company ONYX Hospitality Group has plans to launch its serviced apartment brand Shama in Malaysia, Laos and Thailand.
Reading Time: < 1 minute UK: Third-party operator RBH Hospitality Management has expanded its portfolio in Scotland with the signing of the dual-branded Staybridge Suites and Hotel Indigo Dundee.
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. The serviced apartment industry is evolving rapidly, presenting new challenges and opportunities for leaders. Even with the …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. Ahead of the global Serviced Apartment Awards next month, SAN speaks to a panel of industry rising …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. The serviced apartment and branded residence market has experienced significant growth in recent years. As hotels seek …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. The fragmented extended stay sector presents opportunities for consolidation and growth through mergers and acquisitions. As larger …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. As travellers seek more flexible options, the average length of stay is steadily increasing at the same …
Reading Time: 2 minutes UK: Real estate platform AENDRE Group, which will develop lifestyle aparthotel brands, has expanded its team and appointed members to its advisory board.
Reading Time: 7 minutes UK: UK Chancellor Rachel Reeves MP has delivered a Labour Budget for the first time in 14 years as the government warned of “difficult” decisions to “restore economic stability” and plug a £22 billion black hole in public finances that was estimated by the Office for Budget Responsibility [OBR].
Reading Time: 2 minutes US: Landing, a membership company for flexible apartment living, says it has filled more than 3,000 multifamily units in 10 months.