Flynn Properties acquires 89 extended stay hotels in JV with Värde Partners
US: Flynn Properties Inc. has announced an 80 per cent joint venture with Värde Partners for 89 select service and extended stay hotels.
US: Flynn Properties Inc. has announced an 80 per cent joint venture with Värde Partners for 89 select service and extended stay hotels.
UK: Situ Extended Stay Serviced Accommodation Specialists has appointed Rebecca Gonzaga as its new commercial director.
QATAR: Steigenberger Residences has opened its doors in Doha in time for the FIFA World Cup this month.
US: Wyndham Hotels & Resorts, has announced the name of its newest extended stay brand, replacing its development name, Project ECHO.
WORLDWIDE: InterContinental Hotels Group has announced Paul Edgecliffe-Johnson, chief financial officer and group head of strategy, is leaving.
US: Aimbridge Hospitality is expanding its select service division and will manage five extended stay hotels owned by Three Wall Capital.
AUSTRALIA: Choice Hotels Asia Pacific has added to its extended stay portfolio with the addition of Quality Apartments Melbourne Central.
WORLDWIDE: Synergy Global Housing has released its first emissions report on its path to achieving Net Zero by 2030.
US: Choice Hotels International’s first Everhome Suites has opened in Riverside, California, with a 98-key property.
US: Stonebridge Companies has appointed Tom Brinkman to oversee operations as Stonebridge continues its strategic growth.
US: The 2024 First Quarter US Extended-Stay Hotels Report, published by The Highland Group, reveals a decline in RevPAR for the first time in three years.
Sean Wewer, Homelike’s country manager – DACH and Italy, shares some insights on the rise of coliving and what this means for serviced apartment providers.
Australia / New Zealand: Urban Rest, a provider of flexible alternative accommodations serving the corporate market, has announced its acquisition of New Zealand counterpart The Urban Butler, effective from …
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.