
NUMA increases AUM to more than €1.5 billion
Reading Time: < 1 minute Europe: NUMA Group, the tech-enabled operator of apartments, has increased its managed portfolio to more than €1.5 billion.
Reading Time: < 1 minute Europe: NUMA Group, the tech-enabled operator of apartments, has increased its managed portfolio to more than €1.5 billion.
Reading Time: < 1 minute Hungary: Tech-enabled apartment operator limehome has opened 45 apartments in Budapest, marking the brand’s debut in Hungary.
Reading Time: < 1 minute UK: Serviced accommodation provider Synergy Global Housing has acquired five serviced apartments in Cork, Ireland.
Reading Time: < 1 minute Greece: Short-stay apartment operator Bob W has opened its first properties in Greece as the company continues its expansion across Europe.
Reading Time: < 1 minute Worldwide: In its latest business update, hotel franchisor Choice Hotels has revealed that the company grew its extended stay segment by 50 per cent during the first half of 2023.
Reading Time: < 1 minute Germany: Tech-enabled apartment operator NUMA Group has expanded its portfolio in Germany, signing an additional 304 units across four new properties in Berlin.Â
Reading Time: < 1 minute Portugal: Hospitality technology provider and apartment operator limehome has signed more than 100 units in Lisbon and Porto, expanding its presence in the country by eight-fold in less than six months.Â
Reading Time: 2 minutes UK: Lifestyle aparthotel brand Native Places has announced plans to open five new properties within the next two years.
Reading Time: < 1 minute US: Synergy Global Housing (Synergy) has announced the addition of Phoenix, Arizona to its growing list of key US cities.Â
Reading Time: 2 minutes UK: Cloud-based global accommodation platform AltoVita has announced its expansion into over 1,200 cities and 165 countries globally, all in the space of four years since its launch.
Reading Time: < 1 minute Malaysia: Upscale extended stay brand Marriott Executive Apartments has opened its largest property in Southeast Asia, located in Kuala Lumpur.
Reading Time: < 1 minute UK: A pub located in Worksop, a market town in Nottinghamshire, could be converted into an aparthotel following a planning application to Bassetlaw District Council.
Reading Time: < 1 minute US: Construction has begun at Marriott TownePlace Suites extended stay hotel in downtown De Pere, Wisconsin, after the building sat vacant for six years.
Reading Time: 2 minutes US: Denver-based real estate company Highside has secured $500 million financing from affiliates of Apollo to support the expansion of Everhome Suites.
Reading Time: < 1 minute US: Developed by Vision Hospitality Group and CBL & Associates, the 139-key Element by Westin Wilmington has opened in Mayfair Town Centre.
Reading Time: 3 minutes UK: Urban Living Festival (ULF), London’s cutting edge networking and educational event for the living, hospitality and flex workspace sectors, is delighted to be working with global home furnishings brand IKEA.
Reading Time: < 1 minute Australia: Flexible living operator Urban Rest has signed a hotel management agreement to run a 150-key property at 23-33 Lonsdale Street in Melbourne CBD, marking its largest project to date.
Reading Time: 2 minutes Europe: Serviced apartments across the continent saw occupancy rise 3.8 per cent in 2024, boosting RevPAR and prompting a shift toward longer stays.
Reading Time: 2 minutes UK/US: Habicus Group, owner of SilverDoor, and The Ascott Limited, parent company of Synergy Global Housing, will merge SilverDoor and Synergy’s operations to unite the brands under a single group.
Reading Time: 2 minutes Worldwide: The Ascott Limited, the wholly owned lodging business unit of CapitaLand Investment, now has around 50 resort properties in operation and under development globally.