London calling
Felicity Cousins
2 March 2023
Reading Time: < 1 minute London aparthotels are now a prime target for investors seeking assets with high occupancy and low operating costs. Read more on SAN.
Jastar Capital buys Native Bankside
Isha Borkar
6 February 2023
Reading Time: < 1 minute UK: Jastar Capital has acquired the Native Bankside aparthotel for £40 million from vendor Create REIT.
“Father of corporate housing” Howard Ruby dies aged 90
Reading Time: 2 minutes US: Howard Ruby, founder of serviced apartment company Oakwood and widely regarded as the father of corporate housing, has died aged 90.
RMS and Right Revenue join forces
Reading Time: 2 minutes UK: Hospitality platform RMS has partnered with revenue management specialist Right Revenue to help short-term rentals, independent hotels, and serviced apartments boost profits through smarter pricing.Â
Synergy Global Housing opens central US office
Reading Time: 2 minutes US: Serviced accommodation agent Synergy Global Housing has officially opened its central US operations and sales office in Houston, Texas.
Beannchor submits plans for aparthotel in Belfast city centre
Reading Time: 2 minutes Northern Ireland: Hospitality group Beannchor has submitted plans for a 41-bedroom aparthotel as part of a mixed-use development in Belfast city centre.
Marriott TownePlace Suites opens in San Jose
Reading Time: 2 minutes US: Real estate equity fund manager and developer Urban Catalyst has opened the Marriott TownePlace Suites extended stay hotel in downtown San Jose, managed by independent hotel operator Island Hospitality Management.Â
Adagio promotes Gruson to executive committee
Reading Time: 2 minutes Europe: Aparthotel brand Adagio has promoted Marie-Isabelle Gruson to the position of director of operations, projects & services, IT and digital, purchasing and transformation, and appointed her to the company’s executive committee.
Placemakr expands to Huntsville, Alabama
Reading Time: 1 minute US: Flexible living operator Placemakr is debuting in Huntsville, Alabama, with the launch of Placemakr Huntsville at Anthem House.
Ascott brand reaches 17,400 units with latest signings
Reading Time: 2 minutes Worldwide: The Ascott Limited, the lodging arm of CapitaLand Investment, has reached 17,400 Ascott-branded units, both operational and in the pipeline, with 11 signings over the past 16 months across Asia, Africa and the Middle East.
Voting opens for 2025 Serviced Apartment Awards people categories
Reading Time: < 1 minute UK: Voting is now open for three categories of the Serviced Apartment Awards, with the winners due to be revealed on 13 May 2025 at Sheraton Grand London Park Lane.Â
Alfardan unveils luxury residences at St. Regis Marsa Arabia Island
Reading Time: < 1 minute Qatar: The real estate arm of the ​Qatari family-owned conglomerate Alfardan Group has unveiled The Residences at The St. Regis Marsa Arabia Island, a collection of fully furnished and serviced branded residences located within The Pearl.