Reading Time: < 1 minute SINGAPORE: Frasers Hospitality Trust has said the $1.35 billion deal has fallen through after failing to gain shareholder support.
Reading Time: < 1 minute Singapore: Frasers Property has announced the creation of a new business unit aimed at raising and managing capital from institutions for investment in the company’s real estate projects.
Reading Time: 2 minutes Europe: Aparthotel brand Adagio has revealed its FIRST strategic plan and development objectives for 2030.
Reading Time: 2 minutes Finland: Tech-powered hospitality operator Bob W has appointed Badis Boudjakdji as real estate director for Iberia and Renato Sciannimanico as real estate director for Southern Europe.
Reading Time: < 1 minute Zimbabwe: Developer WestProp Holdings Limited has broken ground on the first Radisson-branded serviced apartments in the country.
Reading Time: 3 minutes UK: The Bank of England has cut the cost of borrowing, reducing the base interest rate from 4.5 per cent to 4.25 per cent, a decision that stems from concerns about global economic uncertainties, particularly US trade tariffs.
Reading Time: < 1 minute UK: Serviced apartment brand Your Apartment has opened its latest London property, located in Camden.
Reading Time: < 1 minute Australia: BGO Strategic Capital Partners and Hotel Capital Partners have acquired the Sydney Potts Point Central Apartment Hotel for AUS$31.5 million.
Reading Time: 2 minutes US: Real estate investor, developer, and manager Caliber Hospitality Development has signed an agreement with Hyatt to develop 15 Hyatt Studios hotels across five states.
Reading Time: 2 minutes Worldwide: The sixth edition of Branded Residences: An Overview, an independent report by Graham Associates, provides the latest data and analysis on the global branded residences sector.
Reading Time: 2 minutes UK: A sustainability roundtable hosted by global serviced apartment agent SilverDoor found that fragmented carbon data and cost pressures are preventing businesses from meeting their travel sustainability targets.
Reading Time: 2 minutes Worldwide: Data from global business travel specialist Corporate Travel Management (CTM) shows that Millennials and Gen Z employees want to travel more for work and see business travel as a key driver of professional growth and job satisfaction.