Dwellworks acquires CORT’s destination services arm
Reading Time: < 1 minute US: Destination services and temporary living provider Dwellworks has acquired the US destination services and rental home-finding operations of CORT.
Reading Time: < 1 minute US: Destination services and temporary living provider Dwellworks has acquired the US destination services and rental home-finding operations of CORT.
Reading Time: 2 minutes UK: Operator London Choice Apartments has acquired the independent luxury hotel The Royal in Ventnor, located on the Isle of Wight.
Reading Time: 2 minutes Germany: Dublin-based aparthotel operator Staycity Group has acquired a majority stake in the Felix Group, owned by Munich-based real estate developer Denkmalneu Group (DMN).
Reading Time: < 1 minute US: Investment firm AWH Partners has acquired the dual-branded Residence Inn and Fairfield Inn & Suites, located in Broomfield, Colorado.
Reading Time: < 1 minute UK: European serviced apartment operator Ando Living Group has acquired London-based operator City Apartments, marking the group’s entry into the United Kingdom.Â
Reading Time: 2 minutes UK: Real estate private equity investment manager ActivumSG, on behalf of ActivumSG Fund VII, working with Global Hospitality Investment Group, has acquired Sutton Point for £21 million.
Reading Time: 4 minutes Short Term Rentalz editor Paul Stevens comments on the potential impact of Uber’s rumoured acquisition of Expedia.Â
Reading Time: < 1 minute Greece/Portugal: Operator LÃbere Hospitality Group (LHG) has signed two properties, including its debut in Greece along with expansion in Portugal.
Reading Time: < 1 minute UK: Hotel property owner Pandox has completed the acquisition of three extended stay hotels comprising 503 rooms in central London for £230 million.
Reading Time: 2 minutes UK: Hospitality platform NUMA Group has acquired the lifestyle aparthotel brand Native Places from Native Holdings for an undisclosed price.
Reading Time: 2 minutes Worldwide: Business travel platform TravelPerk has raised $200 million in Series E funding, valuing the company at $2.7 billion.
Reading Time: 3 minutes US: OpenAI has unveiled one of its first AI agents called Operator, a system that can use its own browser to make travel reservations, fill out forms, order groceries and even create memes.
Reading Time: 2 minutes Worldwide: The Ascott Limited, the lodging business unit wholly owned by CapitaLand Investment, signed 16 Oakwood properties in 2024, representing a 30 per cent increase over the previous year.
Reading Time: < 1 minute Europe: 37 aparthotels directly managed by Adagio have been awarded Green Key certification.
Reading Time: < 1 minute Europe: Alastair Thomann has been appointed CEO of serviced apartment and aparthotel group edyn, effective immediately, replacing Daniel Carre-Bishop, interim CEO who will now continue in his role as CFO.
Reading Time: < 1 minute Europe: Serviced apartment operator lime home signed 3,000 apartments in 2024, taking the group’s total contracted units to 9,000.
Reading Time: 2 minutes UK: Real estate finance provider Maslow Capital has provided a £64.2 million facility to developer Forshaw Land & Property Group for its Vivere Residence project in Manchester.Â
Reading Time: < 1 minute Luxembourg: Aparthotel brand Adagio and developer CODIC Group are set to launch a property in the BOTANICA – Your Office Resort business district in Luxembourg.Â
Reading Time: 21 minutes Worldwide: IHM’s editorial team (George Sell, editor-in-chief; Paul Stevens, editor – short-term rentals; and Eloise Hanson, editor – hospitality) provides a glimpse into 2025 trends for the travel, hospitality and real estate sectors.
Reading Time: < 1 minute US: Destination services and temporary living provider Dwellworks has acquired the US destination services and rental home-finding operations of CORT.