Reading Time: 2 minutes Singapore: Ascott Residence Trust (ART) plans to acquire nine assets from its sponsor, The Ascott Limited, at an estimated cost of S$318.3 million (£191 million).
Reading Time: 2 minutes WORLDWIDE: Ascott Residence Trust (ART) has released figures to show its long stay properties are aiding its strong recovery.
Reading Time: 2 minutes Japan: Ascott Residence Trust (ART) will invest around JPY 10.4 billion (£70 million) to acquire four rental housing properties and its first student accommodation property in Japan.
Reading Time: < 1 minute US: Ascott Residence Trust (ART) will acquire a freehold 548-bed student accommodation asset, named Seven07 in Champaign, Illinois, for US$83.25
Reading Time: 3 minutes Singapore: Ascott Residence Trust (ART) has been recognised for its “outstanding leadership in sustainability” in the 2021 Global Real Estate
Reading Time: 2 minutes UK: Plans to convert part of the Pentire gateway scheme in Newquay, Cornwall, into an aparthotel has been withdrawn after being opposed by Newquay Town Council’s planning committee.
Reading Time: 2 minutes Wordwide: Corporate travle management (CTM) has appointed a new global head of growth marketing, Rebecca Welsch, who will be tasked with deepening customer engagement and expanding CTM’s presence across global markets.
Reading Time: 2 minutes UK: Dublin-based aparthotel operator Staycity Group has opened its boutique lifestyle aparthotel brand, Wilde, in the centre of Cambridge.
Reading Time: < 1 minute UK: Lifestyle aparthotel brand The July has opened its first UK property, a 114-key site, in London Victoria.
Reading Time: < 1 minute South Africa: The South African brand BlackBrick Aparthotels has joined forces with HotelREZ to help drive strategic growth in the corporate and leisure market.
Reading Time: 2 minutes Singapore: Aparthotel operator Cover Projects has opened The initial Sama, a 92-unit serviced apartment in in Singapore.Â
Reading Time: < 1 minute UK: Bristol-based serviced apartment brand Your Apartment has launched its sixth London property of the year in Lovat Lane.
Reading Time: < 1 minute UK: Luxury serviced apartment brand The Residence has appointed Wesley Moria as the company’s director of sales and revenue.
Reading Time: 2 minutes South Africa: Hospitality group Southern Sun has signed its first hotel and residences in the R5 billion (£209 million) Oceans Umhlanga mixed-use development.Â
Reading Time: 2 minutes US: Franchisor Landingplace Hotels has launched two midscale conversion brands, including an extended stay concept.