edyn CEO McCall steps down
UK: edyn CEO Stephen McCall has announced his decision to leave the company, with CFO Daniel Carre-Bishop assuming the role of interim CEO.
UK: edyn CEO Stephen McCall has announced his decision to leave the company, with CFO Daniel Carre-Bishop assuming the role of interim CEO.
UK: Brookfield, through one of its private real estate funds has acquired a 619-bed, PBSA portfolio from IP Investment Management and Glenmore Group.
US: Blackstone and Starwood Capital Group are partnering to acquire 111 WoodSpring Suites-branded hotels from Brookfield Asset Management.
UK: infinitSpace, a white label flexible workspace provider co-founded by former WeWork MD of North and West Europe Wybo Wijnbergen, has launched its first London location in Aldgate Tower.
France: PBSA operator UXCO Group has secured €140 million of financing from BNP Paribas for its ECLA Campus in Paris.
France: UXCO Group, the Brookfield-backed operator of student and young professional living spaces in France, has acquired a development site
US: Development and management company Brandt Hospitality Group has opened its first extended stay hotel in New York, the Home2 Suites by Hilton Poughkeepsie.
US: Tech-enabled hospitality and multifamily operator Placemakr has opened its 81-unit Navy Yard aparthotel in Washington DC.
Saudi Arabia: Baheej Tourism Development Company, a joint venture between ASFAR, the Saudi tourism investment company owned by PIF, and the Tamimi-AWN Alliance, has signed an agreement with operator Kerten Hospitality for its premium Cloud7 brand in Yanbu.
UK: Management company Switch Hospitality has completed the redevelopment of its aparthotel Birmingham with the addition of an on-site store.
UK: Eden Grove Developments Limited, the freeholder of The Coal Exchange Hotel in Cardiff, has appointed KEW Planning to redevelop the site and explore the addition of serviced apartments.
US: Choice Hotels’ midscale extended stay brand Everhome Suites has debuted in Nampa, Idaho, marking the third opening for the brand.
US: The independently owned and operated Shorehouse Hotel, located in Buena Vista, Colorado, has opened.
UAE: The Ascott Limited has unveiled ambitious expansion plans to grow its portfolio in the MENA region.
UK: Property management and development company The Nurtur Group will open its first serviced apartments offering in Preston, Lancashire, on 1st July.
UAE: Rotana has revealed its growing pipeline of planned openings in the Middle East, Africa and the UK..