Reading Time: 2 minutes Austria: Tech-powered hospitality provider Bob W has exchanged contracts to launch a 67-unit serviced apartment building in Vienna, marking its first opening in Austria.
Reading Time: < 1 minute SAN editor Eloise Hanson comments on Adagio’s plan to increase its proportion of franchised properties to 35 per cent by 2030.
Reading Time: < 1 minute The Netherlands: The July, which rebranded from City ID in November 2023, has acquired the Holiday Inn Amsterdam South and will convert the site into its seventh aparthotel.
Reading Time: 2 minutes Northern Ireland: The Northern Ireland Investment Fund (NIIF) has provided a £28 million loan to JMK to fund the development of a dual-branded Aloft and Residence Inn by Marriott in Belfast’s Titanic Quarter.
Reading Time: < 1 minute Australia: A group of 73 private owners has put Sydney’s Potts Point Central Apartment Hotel with price expectations of around $35 million.
Reading Time: < 1 minute Portugal: Amsterdam based hotel group City ID will transform the palace Baronesa, located in Largo Conde-Barao in Lisbon, into an 88-room aparthotel.
Reading Time: < 1 minute UK: Lifestyle aparthotel brand The July will open its first international property in London Victoria, scheduled to launch in July 2025.
Reading Time: 2 minutes Germany: Dublin-based aparthotel operator Staycity Group has acquired a majority stake in the Felix Group, owned by Munich-based real estate developer Denkmalneu Group (DMN).
Reading Time: 2 minutes Germany: API-first open property management platform Apaleo has announced that it has raised €20 million in a growth equity investment [Series B funding] round.
Reading Time: < 1 minute UK: Flexible living operator Urban Rest has opened the first phase of its Hackney serviced apartment property in East London.
Reading Time: 2 minutes Europe: Tech-enabled serviced apartment operator limehome is planning to convert 3,000 apartments from office and retail space over the next two years.
Reading Time: < 1 minute UK: The Association of Serviced Apartment Providers (ASAP), a trade body for the serviced apartment sector, will host its annual conference on Thursday 28 November 2024 in London.
Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has opened its second property in the United States, located in the Tri-Cities area of Washington.
Reading Time: < 1 minute US: Investment firm AWH Partners has acquired the dual-branded Residence Inn and Fairfield Inn & Suites, located in Broomfield, Colorado.
Reading Time: < 1 minute Sweden: Corporate housing provider Forenom has appointed Erik Johnson as the group’s country director for Sweden, effective from the start of 2025.
Reading Time: < 1 minute Worldwide: Serviced apartment provider SilverDoor has promoted Alex Neale from SVP partner relationships to chief supply officer, effective immediately.