Reading Time: 2 minutes Indonesia: Luxury hotel chain Swissôtel, owned by Accor, has debuted its Swissôtel Living brand in Asia with the opening of Jakarta Mega Kuningan.
Reading Time: < 1 minute UK: Third-party operator RBH Hospitality Management has been appointed to manage the Aparthotel Adagio London Sutton Point.
Reading Time: < 1 minute France: Aparthotel brand Adagio, part of Accor, has appointed Sophie Mestiri as chief human resources officer and member of the executive committee.
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: 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.
Reading Time: < 1 minute UK: Serviced apartment brand Your Apartment has opened its latest London property, located in Camden.
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.
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.
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.
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.
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.
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.
Reading Time: 2 minutes US: Howard Ruby, founder of serviced apartment company Oakwood and widely regarded as the father of corporate housing, has died aged 90.
Reading Time: 2 minutes UK: Hospitality platform RMS has partnered with revenue management specialist Right Revenue to help short-term rentals, independent hotels, and serviced apartments boost profits through smarter pricing.