Franchise

Future franchising

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.

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Adagio franchised

Adagio targets franchised pipeline

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.

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Adagio leadership

Adagio expands senior leadership team

Reading Time: < 1 minute France: European aparthotel brand Adagio has expanded its leadership team with the appointment of Virginie Barboux as senior vice president of customers and marketing.

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Staycity Felix Group
Staycity acquires majority stake in Felix Group

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).

Apaleo funding
Apaleo secures €20 million in Series B funding round

Reading Time: 2 minutes Germany: API-first open property management platform Apaleo has announced that it has raised €20 million in a growth equity investment [Series B funding] round.

Urban Rest London
Urban Rest expands in the UK with East London opening

Reading Time: < 1 minute UK: Flexible living operator Urban Rest has opened the first phase of its Hackney serviced apartment property in East London.

limehome apartments
limehome plans to convert 3,000 apartments over next two years

Reading Time: 2 minutes Europe: Tech-enabled serviced apartment operator limehome is planning to convert 3,000 apartments from office and retail space over the next two years.

ASAP conference
ASAP gears up for Annual Conference later this month

Reading Time: < 1 minute UK: The Association of Serviced Apartment Providers (ASAP), a trade body for the serviced apartment sector, will host its annual conference on Thursday 28 November 2024 in London.

LivAway Suites Washington
LivAway Suites opens second US location in Washington

Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has opened its second property in the United States, located in the Tri-Cities area of Washington. 

AWH Partners
AWH Partners expands in Colorado with dual-branded acquisition

Reading Time: < 1 minute US: Investment firm AWH Partners has acquired the dual-branded Residence Inn and Fairfield Inn & Suites, located in Broomfield, Colorado.

Forenom Sweden
Forenom appoints country director for Sweden

Reading Time: < 1 minute Sweden: Corporate housing provider Forenom has appointed Erik Johnson as the group’s country director for Sweden, effective from the start of 2025.

SilverDoor Neale
SilverDoor promotes Neale to chief supply officer

Reading Time: < 1 minute Worldwide: Serviced apartment provider SilverDoor has promoted Alex Neale from SVP partner relationships to chief supply officer, effective immediately.

Appart'City IDeaS
Appart’City partners with IDeaS across European portfolio

Reading Time: < 1 minute Europe: Montpellier-based aparthotel operator Appart’City has partnered with revenue management company IDeaS to support its portfolio of 90 properties.