Reading Time: 2 minutes Italy: Tech-enabled travel management company BizAway has secured €35 million from investor Mayfair Equity Partners.
Reading Time: 2 minutes Worldwide: The latest quarterly report from SilverDoor reveals that, due to increases in supply, corporate travel is expected to increase worldwide as managers negotiate rates and value.
Reading Time: 2 minutes US: A Deloitte study on 2024 corporate travel reveals that amid steady growth, companies are challenged to balance face-to-face meetings with steep pricing and sustainability considerations.
Reading Time: 2 minutes UK: Global corporate accommodation platform AltoVita has unveiled its new free-to-use EcoStats tool to accurately estimate the CO2 emissions for each night’s stay in
Reading Time: 2 minutes Worldwide: Serviced apartment agent SilverDoor has released its final market update report for 2023, revealing a decline in ADRs and growth in economy accommodation.
Reading Time: < 1 minute India: Serviced accommodation manager Synergy Global Housing has appointed Masood Ahmed as the company’s business development and supply chain manager in APAC.
Reading Time: < 1 minute US: Landing, a membership provider of flexible apartment living, has introduced Flex which enables corporate travellers to book open-ended stays.
Reading Time: 3 minutes UK: Global corporate lodging platform AltoVita has extended its accommodation network from one million units to seven million units.
Reading Time: 2 minutes EU: Aparthotel operator Staycity has reported a return to pre-pandemic levels of corporate business and is responding to the demand with the introduction of a new room type.
Reading Time: 2 minutes US: Next-generation hospitality company Sonder is expanding its business travel segment to include group bookings.
Reading Time: < 1 minute US: Extended stay brand LivAway Suites has opened its third property in the United States, located in Smyrna, Tennessee.
Reading Time: < 1 minute UK: Lifestyle aparthotel brand The July will open its first international property in London Victoria, scheduled to launch in July 2025.
Reading Time: 2 minutes Germany: Dublin-based aparthotel operator Staycity Group has acquired a majority stake in the Felix Group, owned by Munich-based real estate developer Denkmalneu Group (DMN).
Reading Time: 2 minutes Germany: API-first open property management platform Apaleo has announced that it has raised €20 million in a growth equity investment [Series B funding] round.
Reading Time: < 1 minute UK: Flexible living operator Urban Rest has opened the first phase of its Hackney serviced apartment property in East London.
Reading Time: 2 minutes Europe: Tech-enabled serviced apartment operator limehome is planning to convert 3,000 apartments from office and retail space over the next two years.
Reading Time: < 1 minute UK: The Association of Serviced Apartment Providers (ASAP), a trade body for the serviced apartment sector, will host its annual conference on Thursday 28 November 2024 in London.
Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has opened its second property in the United States, located in the Tri-Cities area of Washington.
Reading Time: < 1 minute US: Investment firm AWH Partners has acquired the dual-branded Residence Inn and Fairfield Inn & Suites, located in Broomfield, Colorado.
Reading Time: < 1 minute Sweden: Corporate housing provider Forenom has appointed Erik Johnson as the group’s country director for Sweden, effective from the start of 2025.