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: 2 minutes US: Management company The Hotel Group and developer TE Miller Development LLC have topped out the Home2 Suites by Hilton Kalispell, Montana.
Reading Time: < 1 minute UK: Developer North Star (York) Ltd has entered administration, leaving its York serviced apartment project without a roof.
Reading Time: 2 minutes Albania: Philipp Plein, fashion designer and CEO of the Plein Group, has signed a multi-year agreement with real estate company X One LLC (S.H.P.K.) to develop a luxury hotel and serviced apartments in Tirana.
Reading Time: < 1 minute UK: Operator Staycity has taken on the lease of eydn’s Kingsland Locke aparthotel in Dalston, London.
Reading Time: < 1 minute Ireland: Lifestyle aparthotel brand The July has begun construction on its Dublin property, located on Capel Street.
Reading Time: < 1 minute US: Corporate housing company Reside has appointed Walter ‘J.R.’ Dembiec as its brand president of Reside, a Wyndham Residence.
Reading Time: < 1 minute US: Everhome Suites, an extended stay brand under Choice Hotels, has opened in North Carolina and Wyoming with construction underway at a property in Tennessee.
Reading Time: 5 minutes Serviced Apartment News reflects on the most notable stories and interviews of 2024.
Reading Time: < 1 minute UK: GMS Estates has received planning permission from Camden Council to convert the Holborn office Kingsway House into a 58-unit aparthotel, operated by Beyond.
Reading Time: 2 minutes UK: Planning permission has been submitted to the Lake District National Park to convert the Grey Walls Hotel in Windermere into a 17-unit aparthotel.