Saxbury launches finance arm
UK: Serviced living consultancy Saxbury has launched its finance arm, providing funding solutions to support the serviced apartment and aparthotel industry.
UK: Serviced living consultancy Saxbury has launched its finance arm, providing funding solutions to support the serviced apartment and aparthotel industry.
Worldwide: Drawing from the coverage provided by four sector-leading b2b websites, the editorial team at International Hospitality Media [IHM] highlight 25 influential leaders across travel, hospitality and real estate who they believe have a big 12 months ahead of them.
US: Dallas-based HALL Structured Finance (HSF) has originated a new first lien construction loan totaling $38.7 million for the development of the ROOST Apartment Hotel located in Charleston, South Carolina.
[SPONSORED CONTENT] PREM Hospitality turned to HotelREZ to provide connectivity to the GDS agency network, and found the representation company provided even more benefits to their growing serviced accommodation business.
Worldwide: Corporate travel consortium Hickory Global Partners has launched a joint venture with travel agent group The Advantage Travel Partnership to create an accommodation network, Global Stays.
US: Development and management company Brandt Hospitality Group has opened its first extended stay hotel in New York, the Home2 Suites by Hilton Poughkeepsie.
US: Tech-enabled hospitality and multifamily operator Placemakr has opened its 81-unit Navy Yard aparthotel in Washington DC.
Saudi Arabia: Baheej Tourism Development Company, a joint venture between ASFAR, the Saudi tourism investment company owned by PIF, and the Tamimi-AWN Alliance, has signed an agreement with operator Kerten Hospitality for its premium Cloud7 brand in Yanbu.
UK: Management company Switch Hospitality has completed the redevelopment of its aparthotel Birmingham with the addition of an on-site store.
UK: Eden Grove Developments Limited, the freeholder of The Coal Exchange Hotel in Cardiff, has appointed KEW Planning to redevelop the site and explore the addition of serviced apartments.
US: Choice Hotels’ midscale extended stay brand Everhome Suites has debuted in Nampa, Idaho, marking the third opening for the brand.
US: The independently owned and operated Shorehouse Hotel, located in Buena Vista, Colorado, has opened.
UAE: The Ascott Limited has unveiled ambitious expansion plans to grow its portfolio in the MENA region.