Reading Time: < 1 minute ASIA: Ascott’s Somerset Serviced Residence brand has 43 properties in the pipeline with 16 to open in Asia this year.
Reading Time: < 1 minute Singapore: Ascott, the largest operator of serviced apartments globally, will add around 15,000 units to its global inventory with the acquisition of Oakwood Worldwide from Mapletree Investments Pte Ltd.
Reading Time: < 1 minute THAILAND: Ascott will open its Ascott Thonglor Bangkok in July, adding to its robust portfolio of extended stay options in the city.
Reading Time: 2 minutes SINGAPORE: Ascott targets 150 properties under its lyf coliving brand by 2030 and launches a lyf Innovation Lab
Reading Time: 2 minutes Singapore: Ascott has upgraded its loyalty programme, Ascott Star Rewards (ASR), to offer more rewards for bookings made via its direct channels.
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 Singapore: Ascott has opened lyf Farrer Park Singapore, the sixth lyf coliving property in Asia and the third in Singapore.
Reading Time: 2 minutes Austria: The Ascott Limited has opened Citadines South Vienna, the brand’s first franchise property in Austria.
Reading Time: < 1 minute Malaysia: Ascott has added a serviced residence in Penang State, with the opening of Ascott Gurney Penang.
Reading Time: < 1 minute Cambodia: Ascott will launch its first Citadines-branded aparthotel in Phnom Penh next month.
Reading Time: < 1 minute UK: The 20-bedroom aparthotel Hotel 21 in Southport is due to come up for sale for around £1.2 million by auction house Venmore.
Reading Time: < 1 minute France: Hospitality group Barrière will open the five-star Maison Barrière Vendôme in Paris early next year.
Reading Time: 2 minutes UK: Airbnb is expanding its long-term rental marketplace into the UK with immediate effect, via a partnership with real estate developer and manager, Greystar.
Reading Time: < 1 minute Europe: Parent company TFE Hotels has set the goal for all 18 Adina Hotels in Europe to achieve Green Key certification in 2025.
Reading Time: < 1 minute US: Extended stay brand LivAway Suites has opened its third property in the United States, located in Smyrna, Tennessee.
Reading Time: < 1 minute UK: Lifestyle aparthotel brand The July will open its first international property in London Victoria, scheduled to launch in July 2025.
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).
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 UK: Flexible living operator Urban Rest has opened the first phase of its Hackney serviced apartment property in East London.
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.
