Ascott acquires China and Netherlands properties
Reading Time: 2 minutes Singapore: The Ascott has acquired two properties in Ningbo, China and Amsterdam, the Netherlands for approximately $190 million.
Reading Time: 2 minutes Singapore: The Ascott has acquired two properties in Ningbo, China and Amsterdam, the Netherlands for approximately $190 million.
Reading Time: < 1 minute US: A division of Blackstone is set to acquire multifamily housing owner/operator Preferred Apartment Communities Inc for $5.8 billion.
Reading Time: < 1 minute Switzerland: edyn has acquired the Hotel Ascot in Zurich, which it will convert to its Locke lifestyle aparthotel brand.
Reading Time: < 1 minute US: WeWork has acquired Dallas-based coworking startup Common Desk for an undisclosed sum. The coworking startup has 23 locations in
Reading Time: < 1 minute US: Blackstone and Starwood Capital Group are partnering to acquire 111 WoodSpring Suites-branded hotels from Brookfield Asset Management.
Reading Time: < 1 minute Switzerland: VISIONAPARTMENTS has acquired a building in the heart of Zug, which it will convert in to 80 furnished apartments.
Reading Time: < 1 minute UK: MAS PLC has sold the 146 room Adagio Aparthotel Edinburgh to Pandox for approximately £40.5 million.
Reading Time: 2 minutes Ireland: Fortress Investment Group LLC has acquired a majority stake in Dublin-based serviced apartment and hotel company through an off-market
Reading Time: < 1 minute US: Condor Hospitality Trust has completed the sale of its 15-hotel portfolio. The sale of the hotels was completed following
Reading Time: < 1 minute Switzerland: Property management specialist Naef Immobilier has acquired a stake in Geneva-based serviced apartment operator Homenhancement. Homenhancement will remain an
Reading Time: 2 minutes Japan: The Ascott Limited has partnered with real estate company Tokyo Tatemono to launch SEN/KA TOKYO by The Crest Collection in the capital city.
Reading Time: < 1 minute UK: Development and investment company Lamington Group has appointed two new members to its board of directors.
Reading Time: 6 minutes SAN editor Eloise Hanson outlines four key trends expected to shape the extended stay sector in 2025 and beyond.
Reading Time: 2 minutes Worldwide: Entries for the 10th edition of the global Serviced Apartment Awards 2025 have opened, with a deadline of 21 March 2025 at 23:59 pm GMT.
Reading Time: 2 minutes Worldwide: The Q4 market update report from serviced apartment agent SilverDoor reveals that global enquiries for serviced apartment transient stays have steadily grown.
Reading Time: < 1 minute US: Development and management company NexGen Hotels has bought the Fairfield Inn & Suites by Marriott in Fort Lauderdale Northwest.
Reading Time: < 1 minute Australia: Quest Apartment Hotels, a member of The Ascott Limited, has achieved accessibility accreditation across 86 properties.
Reading Time: < 1 minute US: Flexible apartment living provider Landing has supported 140 families by offering 13,000 free nights as part of its Homes for Healing initiative.
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: < 1 minute New Zealand: TFE Hotels has established a New Zealand office following a multi-property management agreement with accommodation provider Heritage Hotels.