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.Â
Reading Time: 2 minutes UK: Property management company GuestReady has introduced ‘The Fitzroy by GuestReady’, a luxury boutique serviced accommodation in the centre of London.
Reading Time: < 1 minute Philippines: Radisson Hotel Group has signed an upscale serviced apartment property with developer Cactus Realty Corporation, located in Salcedo Makati, Manila.
Reading Time: 2 minutes Worldwide: Business travel platform TravelPerk has raised $200 million in Series E funding, valuing the company at $2.7 billion.
Reading Time: 3 minutes US: OpenAI has unveiled one of its first AI agents called Operator, a system that can use its own browser to make travel reservations, fill out forms, order groceries and even create memes.
Reading Time: 2 minutes Worldwide: The Ascott Limited, the lodging business unit wholly owned by CapitaLand Investment, signed 16 Oakwood properties in 2024, representing a 30 per cent increase over the previous year.
Reading Time: < 1 minute Europe: 37 aparthotels directly managed by Adagio have been awarded Green Key certification.
Reading Time: < 1 minute Europe: Alastair Thomann has been appointed CEO of serviced apartment and aparthotel group edyn, effective immediately, replacing Daniel Carre-Bishop, interim CEO who will now continue in his role as CFO.
Reading Time: < 1 minute Europe: Serviced apartment operator lime home signed 3,000 apartments in 2024, taking the group’s total contracted units to 9,000.
Reading Time: 2 minutes UK: Real estate finance provider Maslow Capital has provided a £64.2 million facility to developer Forshaw Land & Property Group for its Vivere Residence project in Manchester.Â
Reading Time: < 1 minute Luxembourg: Aparthotel brand Adagio and developer CODIC Group are set to launch a property in the BOTANICA – Your Office Resort business district in Luxembourg.Â