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Reading Time: 2 minutesHow brands are driving consolidation in the serviced apartment and aparthotel sector despite fragmented ownership.
Reading Time: < 1 minuteUK: Colliers is marketing the Supercity Aparthotel Manchester, located in the Northern Quarter, for offers in the region of £15 million.
Reading Time: < 1 minuteUK: Derwent London has put Blue Star House, an 11-storey office building with planning consent for C1 aparthotel use, on the market for £30 million.
Reading Time: < 1 minuteIndonesia: 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 minutesUK: 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 minuteUK: 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 minutePortugal: 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 minutesUK: Dubai-based hotel group Rotana will open two properties in Greater London under its Centro economy segment brand.
Reading Time: 5 minutesUK: Chancellor Kwasi Kwarteng has announced a series of tax cuts in a mini-budget aimed to boost economic growth.
Reading Time: 2 minutesAustralia: A newly built 99-key serviced apartment building in West Melbourne is up for sale.
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