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 UK: Lifestyle aparthotel brand The July has opened its first UK property, a 114-key site, in London Victoria.
Reading Time: < 1 minute South Africa: The South African brand BlackBrick Aparthotels has joined forces with HotelREZ to help drive strategic growth in the corporate and leisure market.
Reading Time: 2 minutes Singapore: Aparthotel operator Cover Projects has opened The initial Sama, a 92-unit serviced apartment in in Singapore.Â
Reading Time: < 1 minute UK: Bristol-based serviced apartment brand Your Apartment has launched its sixth London property of the year in Lovat Lane.
Reading Time: < 1 minute UK: Luxury serviced apartment brand The Residence has appointed Wesley Moria as the company’s director of sales and revenue.
Reading Time: 2 minutes South Africa: Hospitality group Southern Sun has signed its first hotel and residences in the R5 billion (£209 million) Oceans Umhlanga mixed-use development.Â
Reading Time: 2 minutes US: Franchisor Landingplace Hotels has launched two midscale conversion brands, including an extended stay concept.
Reading Time: < 1 minute Worldwide: Serviced Apartment News has launched a global sentiment survey to assess how owners, operators, lenders, investors, suppliers and service providers feel about the current market.
Reading Time: 2 minutes India: Real estate developer Central Park has launched Selene, a tower of luxury serviced residences located in its Flower Valley township, South Gurugram.
Reading Time: 2 minutes Philippines: The Ascott Limited in partnership with Iconic Resorts Properties will open the Citadines Mactan Cebu Resort in 2028.