Reading Time: 2 minutes China: The Ascott Limited has entered into a joint venture with Jin Jiang Hotels to develop its aparthotel brands Quest and TULIP LODJ in China.
Reading Time: < 1 minute Thailand: ONYX Hospitality Group is set to broaden the footprint of its serviced apartment brand, Shama, by launching five new properties across Asia.
Reading Time: 2 minutes China and Japan: Serviced apartment and hotel residences operator, Frasers Hospitality, has formed joint ventures with two real estate firms to acquire rental apartments in Shenzhen and Osaka.
Reading Time: < 1 minute Worldwide: The Ascott Limited says that it is on track to reach 160,000 keys by the end of this year. Read more on SAN.
Reading Time: < 1 minute The popularity of the dual brand, extended stay hotel development is on the rise, with Marriott taking the concept to China.
Reading Time: < 1 minute China: Marriott, in an agreement with China Central Place, will bring The Ritz-Carlton and Marriott Executive Apartments to Suzhou, in eastern China.
Reading Time: < 1 minute UK: The Ascott Limited (Ascott) The Crest Collection is said to expand in Singapore, France, China, and Vietnam.
Reading Time: < 1 minute CHINA: Artyzen Hospitality Group is launching five properties in Shanghai this year, including aparthotels, serviced apartments and conference centres.
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: 2 minutes CHINA: Accor, in collaboration with Ennismore, has announced a long term master franchise agreement with one of China’s top hotel and property developers.
Reading Time: 3 minutes UK: The Bank of England has cut the cost of borrowing, reducing the base interest rate from 4.5 per cent to 4.25 per cent, a decision that stems from concerns about global economic uncertainties, particularly US trade tariffs.
Reading Time: < 1 minute UK: Serviced apartment brand Your Apartment has opened its latest London property, located in Camden.
Reading Time: < 1 minute Australia: BGO Strategic Capital Partners and Hotel Capital Partners have acquired the Sydney Potts Point Central Apartment Hotel for AUS$31.5 million.
Reading Time: 2 minutes US: Real estate investor, developer, and manager Caliber Hospitality Development has signed an agreement with Hyatt to develop 15 Hyatt Studios hotels across five states.
Reading Time: 2 minutes Worldwide: The sixth edition of Branded Residences: An Overview, an independent report by Graham Associates, provides the latest data and analysis on the global branded residences sector.
Reading Time: 2 minutes UK: A sustainability roundtable hosted by global serviced apartment agent SilverDoor found that fragmented carbon data and cost pressures are preventing businesses from meeting their travel sustainability targets.
Reading Time: 2 minutes Worldwide: Data from global business travel specialist Corporate Travel Management (CTM) shows that Millennials and Gen Z employees want to travel more for work and see business travel as a key driver of professional growth and job satisfaction.
Reading Time: 2 minutes UK: Amsterdam-based hospitality brand The July is set to open its first UK property this June, unveiling a 114-room aparthotel in London’s Victoria district.
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.
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