JV forms to develop Quest and TULIP LODJ in China
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: 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: 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.
Reading Time: < 1 minute Europe: Montpellier-based aparthotel operator Appart’City has partnered with revenue management company IDeaS to support its portfolio of 90 properties.