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Frasers Hospitality Trust privatisation deal rejected by shareholdersÂ
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: < 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 UK: Watkin Jones, a developer and manager of rental residential properties, has partnered with a private investment group for the construction of a 260-unit aparthotel in Southwark, London.
Reading Time: < 1 minute US: Ariva Serviced Residences, the official luxury apartments of the Las Vegas Raiders, will expand to 75 units this spring.Â
Reading Time: < 1 minute Worldwide: Corporate accommodation platform AltoVita has launched a self-serve version of AltoVerse, enabling travel managers to book and manage extended stays.
Reading Time: 3 minutes Portugal: International Hospitality Media hosted its annual European event Recharge in Porto this year, held at Vertical Dom Henrique.
Reading Time: 2 minutes UK: Property management company GuestReady has introduced ‘The Fitzroy by GuestReady’, a luxury boutique serviced accommodation in the centre of London.
Reading Time: < 1 minute Philippines: Radisson Hotel Group has signed an upscale serviced apartment property with developer Cactus Realty Corporation, located in Salcedo Makati, Manila.
Reading Time: 2 minutes Worldwide: Business travel platform TravelPerk has raised $200 million in Series E funding, valuing the company at $2.7 billion.
Reading Time: 3 minutes US: OpenAI has unveiled one of its first AI agents called Operator, a system that can use its own browser to make travel reservations, fill out forms, order groceries and even create memes.
Reading Time: 2 minutes Worldwide: The Ascott Limited, the lodging business unit wholly owned by CapitaLand Investment, signed 16 Oakwood properties in 2024, representing a 30 per cent increase over the previous year.
Reading Time: < 1 minute Europe: 37 aparthotels directly managed by Adagio have been awarded Green Key certification.