Five trends to shape the extended stay sector in 2024
Editors George Sell and Eloise Hanson share five trends they think will resonate throughout the sector in 2024.
Editors George Sell and Eloise Hanson share five trends they think will resonate throughout the sector in 2024.
Serviced Apartment News revisits 10 stories that defined 2023 for the global serviced apartment, extended-stay hotel, aparthotel and corporate housing sectors.
UK: Extended stay operator edyn has opened the 14-unit Cove Huntingdon House in the Kensington area of London.
UK: edyn CEO Stephen McCall has announced his decision to leave the company, with CFO Daniel Carre-Bishop assuming the role of interim CEO.
UK: The founders of lifestyle aparthotel brand Locke, part of hospitality group edyn, have announced they will depart the business after almost 10 years.
Lifestyle extended stay brands will grow in popularity and help to cement serviced apartments and aparthotels within mainstream hospitality.
SAN sits down with Merzak Kaddour, investment director at edyn, to talk about the opening of Ember Locke, development challenges and the opportunities for growth, as well as what the industry may look like in five years time. Filmed at Ember Locke.
UK: Ember Locke, rebranded from the former NH Kensington in London, has opened as the brand’s sixth property in the capital.
Germany: Locke to open its 13th property at east side gallery, in Berlin in June 2023.
UK: Edyn has announced the reopening of its Moorgate property under its serviced apartment brand Cove.
Turkey: Accor’s premium brand Mövenpick has opened its Living Istanbul Saklivadi property in the city’s shopping district of Vadistanbul.
UK: The shortlists for this year’s Serviced Apartment Awards have been revealed ahead of the awards ceremony on 23 May at Leonardo Royal Hotel London Tower Bridge.
Saudi Arabia: Luxury hospitality company Cheval Collection has signed an agreement with developer Ladun Investment Company for Cheval Ladun Living in Riyadh.
Estonia: Tech-powered hospitality operator Bob W has opened its fourth aparthotel in Tallinn, located in the city’s Arter Quarter.
UK: Developer Canary Wharf Group (CWG) has secured £553 million of financing, including an £80 million loan for two serviced apartment projects along West Lane.
Germany: Developer GBI Group has broke ground on its latest SMARTments connect project, located in Bielefeld.
UK: Serviced apartment operator Mansley has achieved Green Tourism Gold accreditation across its portfolio.
EU: Technology-based apartment operator limehome has signed 800 units in Q1 2024, growing its portfolio by almost 14 per cent to 6,800 apartments.
UK: International Hospitality Media (IHM), a leading publisher and event organiser in the hospitality and real estate sectors, has announced major expansion and improvement to its flagship Urban Living Festival event.
SAN editor Eloise Hanson speaks to Mark Lewis, CEO of HotelREZ, about distribution strategies, capturing business travel, and importance of smart phones, AI and personalisation in the guest journey. They also talk about sci-fi books, Abba Voyage, and opening an animal sanctuary.