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Blackstone and Starwood Capital partner for $1.5 billion extended stay hotel deal
Reading Time: < 1 minute US: Blackstone and Starwood Capital Group are partnering to acquire 111 WoodSpring Suites-branded hotels from Brookfield Asset Management.
Reading Time: < 1 minute US: Blackstone and Starwood Capital Group are partnering to acquire 111 WoodSpring Suites-branded hotels from Brookfield Asset Management.
Reading Time: < 1 minute US: A new extended stay hotel has opened in Florence, South Carolina. Located off I-95 on State Route 52 to
Reading Time: < 1 minute US: Ariva Serviced Residences, the official luxury apartments of the Las Vegas Raiders, will expand to 75 units this spring.Â
Reading Time: < 1 minute Worldwide: Corporate accommodation platform AltoVita has launched a self-serve version of AltoVerse, enabling travel managers to book and manage extended stays.
Reading Time: 3 minutes Portugal: International Hospitality Media hosted its annual European event Recharge in Porto this year, held at Vertical Dom Henrique.
Reading Time: 2 minutes UK: Property management company GuestReady has introduced ‘The Fitzroy by GuestReady’, a luxury boutique serviced accommodation in the centre of London.
Reading Time: < 1 minute Philippines: Radisson Hotel Group has signed an upscale serviced apartment property with developer Cactus Realty Corporation, located in Salcedo Makati, Manila.
Reading Time: 2 minutes Worldwide: Business travel platform TravelPerk has raised $200 million in Series E funding, valuing the company at $2.7 billion.
Reading Time: 3 minutes US: OpenAI has unveiled one of its first AI agents called Operator, a system that can use its own browser to make travel reservations, fill out forms, order groceries and even create memes.
Reading Time: 2 minutes Worldwide: The Ascott Limited, the lodging business unit wholly owned by CapitaLand Investment, signed 16 Oakwood properties in 2024, representing a 30 per cent increase over the previous year.
Reading Time: < 1 minute Europe: 37 aparthotels directly managed by Adagio have been awarded Green Key certification.
Reading Time: < 1 minute Europe: Alastair Thomann has been appointed CEO of serviced apartment and aparthotel group edyn, effective immediately, replacing Daniel Carre-Bishop, interim CEO who will now continue in his role as CFO.