Reading Time: < 1 minute SINGAPORE: Frasers Hospitality Trust has said the $1.35 billion deal has fallen through after failing to gain shareholder support.
Reading Time: 2 minutes SINGAPORE: Aparthotel concept Dao by Doresett, by Dorsett Hospitality International, has opened in Singapore, marking the brand’s first foray into Asia.
Reading Time: < 1 minute CAMBODIA: Oakwood has announced the opening of the Oakwood Premier Phnom Penh, in Cambodia.
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 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 LabÂ
Reading Time: < 1 minute VIETNAM: Marriott International to open 315 Executive Apartments in Danang next year
Reading Time: < 1 minute ASIA: Singapore-based coliving operator The Assembly Place boosts portfolio
Reading Time: < 1 minute Malaysia: Upscale extended stay brand Marriott Executive Apartments has opened its largest property in Southeast Asia, located in Kuala Lumpur.
Reading Time: < 1 minute UK: A pub located in Worksop, a market town in Nottinghamshire, could be converted into an aparthotel following a planning application to Bassetlaw District Council.
Reading Time: < 1 minute US: Construction has begun at Marriott TownePlace Suites extended stay hotel in downtown De Pere, Wisconsin, after the building sat vacant for six years.
Reading Time: 2 minutes US: Denver-based real estate company Highside has secured $500 million financing from affiliates of Apollo to support the expansion of Everhome Suites.
Reading Time: < 1 minute US: Developed by Vision Hospitality Group and CBL & Associates, the 139-key Element by Westin Wilmington has opened in Mayfair Town Centre.
Reading Time: 3 minutes UK: Urban Living Festival (ULF), London’s cutting edge networking and educational event for the living, hospitality and flex workspace sectors, is delighted to be working with global home furnishings brand IKEA.
Reading Time: < 1 minute Australia: Flexible living operator Urban Rest has signed a hotel management agreement to run a 150-key property at 23-33 Lonsdale Street in Melbourne CBD, marking its largest project to date.
Reading Time: 2 minutes Europe: Serviced apartments across the continent saw occupancy rise 3.8 per cent in 2024, boosting RevPAR and prompting a shift toward longer stays.
Reading Time: 2 minutes UK/US: Habicus Group, owner of SilverDoor, and The Ascott Limited, parent company of Synergy Global Housing, will merge SilverDoor and Synergy’s operations to unite the brands under a single group.
Reading Time: 2 minutes Worldwide: The Ascott Limited, the wholly owned lodging business unit of CapitaLand Investment, now has around 50 resort properties in operation and under development globally.