New Orleans dual-branded Courtyard-SpringHill acquired for $73m
US: The 410-room dual-branded Courtyard New Orleans and SpringHill Suites New Orleans Warehouse Arts District has been sold for $73 million.
US: The 410-room dual-branded Courtyard New Orleans and SpringHill Suites New Orleans Warehouse Arts District has been sold for $73 million.
US: Flexible apartment living membership company Landing has acquired tech-enabled flexible housing operator Barsala in a $30 million transaction.
UK: Serviced apartment and student housing provider Urban Creation has acquired 62 Park Street, an office in Bristol, which the company will operate as an office and apartments.
Singapore: CapitaLand Ascott Trust (CLAS) has sold the Citadines Mount Sophia Singapore to Hong Kong-based owner-operator Weave Living and US-based asset manager BlackRock.
US: Serviced accommodation provider Synergy Global Housing is set to acquire Primestone Housing Solutions from advisory and housing firm Primestone Partners for an undisclosed amount.
Germany / Netherlands: Digital hospitality platform NUMA Group has announced the acquisition of Dutch serviced apartment platform YAYS from Proprium Capital Partners.
US: Investment company The AltAccom Group has secured $4 million in acquisition financing for Alice Hall in Savannah, Georgia.
Korea: Proptech startup Dongnae, which provides apartment rental management services, has revealed plans to acquire Stevens, a South Korean company which operates the coliving business Dears.
UK: Serviced accommodation provider Synergy Global Housing has acquired five serviced apartments in Cork, Ireland.
US: Hamister Group has acquired the Homewood Suites by Hilton Newtown-Langhorne, from Pheasant Run Hotel for an undisclosed sum.
US: The 410-room dual-branded Courtyard New Orleans and SpringHill Suites New Orleans Warehouse Arts District has been sold for $73 million.
Germany: Digital hospitality platform NUMA Group has established its brand advisory board, aimed at “accelerating growth” for the company.
Turkey: Accor’s premium brand Mövenpick has opened its Living Istanbul Saklivadi property in the city’s shopping district of Vadistanbul.
UK: The shortlists for this year’s Serviced Apartment Awards have been revealed ahead of the awards ceremony on 23 May at Leonardo Royal Hotel London Tower Bridge.
Saudi Arabia: Luxury hospitality company Cheval Collection has signed an agreement with developer Ladun Investment Company for Cheval Ladun Living in Riyadh.
Estonia: Tech-powered hospitality operator Bob W has opened its fourth aparthotel in Tallinn, located in the city’s Arter Quarter.
UK: Developer Canary Wharf Group (CWG) has secured £553 million of financing, including an £80 million loan for two serviced apartment projects along West Lane.
Germany: Developer GBI Group has broke ground on its latest SMARTments connect project, located in Bielefeld.
UK: Serviced apartment operator Mansley has achieved Green Tourism Gold accreditation across its portfolio.
EU: Technology-based apartment operator limehome has signed 800 units in Q1 2024, growing its portfolio by almost 14 per cent to 6,800 apartments.