Reading Time: < 1 minute Indonesia: New research from Colliers predicts that four upcoming projects will take Jakarta’s serviced apartment inventory to 7,793 by the end of 2025.
Reading Time: 5 minutes UK: In the Spring Budget 2024, Chancellor Jeremy Hunt revealed the government will freeze alcohol duty and cut National Insurance, as well as raise the VAT threshold for small businesses to £90,000.
Reading Time: < 1 minute UK: Real estate agent Savills has been appointed to sell two central London C1 serviced apartment schemes located in The City of London and Farringdon for guide prices of £17 million and £11 million respectively.
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: 2 minutes UK: Dubai-based hotel group Rotana will open two properties in Greater London under its Centro economy segment brand.
Reading Time: 5 minutes UK: Chancellor Kwasi Kwarteng has announced a series of tax cuts in a mini-budget aimed to boost economic growth.
Reading Time: 2 minutes Australia: A newly built 99-key serviced apartment building in West Melbourne is up for sale.
Reading Time: < 1 minute Malaysia: The all-suite Birkin International Hotel has officially opened in Melaka along Klebang beach.
Reading Time: < 1 minute Australia: Flexible living operator Urban Rest has promoted Simon Farr to general manager for Australia.
Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has expanded in Arizona, breaking ground on its fourth site in Tucson.
Reading Time: 2 minutes UK: Furniture and fit-out company David Phillips Furniture Limited has filed a notice of intent (NOI) to appoint administrators.Â
Reading Time: 2 minutes EMEA: Investor-operator Frasers Hospitality has appointed Darryl Walker as commercial director EMEA, a newly created position in the team.
Reading Time: < 1 minute Worldwide: Serviced apartment agent Synergy Global Housing has introduced the CarbonSMART tool to provide emissions reporting for its managed properties and supplier network.
Reading Time: < 1 minute Italy: Milan‑based proptech company Spacest.com has acquired the domain name, logo, and brand of TheHomeLike.com, formerly owned by German proptech Homelike, as part of its accelerated expansion across Europe.Â
Reading Time: < 1 minute UK: Family-owned business Sweeney Group has opened its second aparthotel in Aviemore.
Reading Time: 2 minutes Australia: Skye Suites Sydney, a five-star serviced-apartment property in Sydney’s CBD, has been sold to Furama Hotels International in what has been reported as the city’s largest hotel sale so far this year.
Reading Time: < 1 minute Ireland: Developer Dalespell Limited has received consent to increase the number of rooms and additional retail space for its aparthotel project on O’Connell Street in Limerick.