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.
Reading Time: 1 minute DACH: According to property management platform Apaleo, serviced apartment operators in the DACH region witnessed a four per cent improvement on ADRs in Q3 2023.
Reading Time: 3 minutes Germany: Munich-based hospitality technology provider and apartment operator, limehome, has revealed that it has grown 400 per cent over the past two years, partly crediting its futuristic approach to its property management software.
Reading Time: 2 minutes US: Management company The Hotel Group and developer TE Miller Development LLC have topped out the Home2 Suites by Hilton Kalispell, Montana.
Reading Time: < 1 minute UK: Developer North Star (York) Ltd has entered administration, leaving its York serviced apartment project without a roof.
Reading Time: 2 minutes Albania: Philipp Plein, fashion designer and CEO of the Plein Group, has signed a multi-year agreement with real estate company X One LLC (S.H.P.K.) to develop a luxury hotel and serviced apartments in Tirana.
Reading Time: < 1 minute UK: Operator Staycity has taken on the lease of eydn’s Kingsland Locke aparthotel in Dalston, London.
Reading Time: < 1 minute Ireland: Lifestyle aparthotel brand The July has begun construction on its Dublin property, located on Capel Street.
Reading Time: < 1 minute US: Corporate housing company Reside has appointed Walter ‘J.R.’ Dembiec as its brand president of Reside, a Wyndham Residence.
Reading Time: < 1 minute US: Everhome Suites, an extended stay brand under Choice Hotels, has opened in North Carolina and Wyoming with construction underway at a property in Tennessee.
Reading Time: 5 minutes Serviced Apartment News reflects on the most notable stories and interviews of 2024.
Reading Time: < 1 minute UK: GMS Estates has received planning permission from Camden Council to convert the Holborn office Kingsway House into a 58-unit aparthotel, operated by Beyond.
Reading Time: 2 minutes UK: Planning permission has been submitted to the Lake District National Park to convert the Grey Walls Hotel in Windermere into a 17-unit aparthotel.