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.
Kalido to open Keefer House in Vancouver’s Chinatown this July
Reading Time: < 1 minute Canada: Hospitality group Kalido will open Keefer House this July, a boutique aparthotel located in Vancouver’s Chinatown district.Â
Weave Living acquires Novena serviced apartments for £61 million
Reading Time: 2 minutes Singapore: Hong Kong-based rental accommodation provider Weave Living has acquired a freehold serviced apartment building at 12 Shan Road in Novena, Singapore, in partnership with BlackRock and Lian Beng Group.
Kiara Ocean Place opens in Batu Belig with 62 serviced apartments
Reading Time: 2 minutes Indonesia: Serviced apartment complex, Kiara Ocean Place, has opened in Batu Belig, Bali, marking the latest addition to Mirah Investment & Development’s portfolio.
Quest and Galah join forces to boost regional Australia travel
Reading Time: 2 minutes Australia: Quest Apartment Hotels, a member of The Ascott Limited, has partnered with independent media platform Galah to amplify regional voices and boost rural tourism across the country.
Placemakr debuts in Nevada with pop-up aparthotel
Reading Time: < 1 minute US: Flexible-use hospitality and multifamily operator Placemakr has launched a pop-up aparthotel in Nevada.
Urban Rest hires former WeWork exec Gahir to lead EMEA growth
Reading Time: 2 minutes EMEA: Rajdeep Gahir, former head of expansion at WeWork, has joined flexible accommodation provider Urban Rest as head of portfolio growth for EMEA.
Earth Hotels to open Jeddah serviced apartments in 2027
Reading Time: 2 minutes Saudi Arabia: Boutique hospitality brand Earth Hotels will open its first two properties in Saudi Arabia from 2026, totalling 375 hotel rooms and serviced apartments.
Somabay launches sales for Arc of Soma: The Lagoon Edition
Reading Time: < 1 minute Egypt: Somabay, an exclusive Red Sea resort in Egypt, has launched the sale of its residential project, Arc of Soma: The Lagoon Edition.
Wilde set to open in Cambridge, Lisbon and Vienna
Reading Time: < 1 minute Europe: Wilde Aparthotels will open three properties this year, located in Cambridge, Lisbon and Vienna.
LÃbere Hospitality Group to make UK debut this May
Reading Time: < 1 minute UK: Operator LÃbere Hospitality Group (LHG) has signed an agreement to manage its first property outside of southern Europe, located in London.