Mews raises $110 million reaching unicorn status
The Netherlands: Amsterdam-based hospitality cloud Mews has become a unicorn, valued at $1.2 billion following its latest funding round of $110 million from existing and new investors.
The Netherlands: Amsterdam-based hospitality cloud Mews has become a unicorn, valued at $1.2 billion following its latest funding round of $110 million from existing and new investors.
UK: Business travel management platform TravelPerk has closed an additional $104 million funding led by SoftBank Vision Fund 2.
Czech Republic: Hospitality technology provider Mews has raised $185 million in Series C funding led by equity investment company Kinnevik and the growth equity business within Goldman Sachs.
GERMANY: limehome, a leading technology-based provider and operator of serviced apartments has closed a funding round of 45 million euros in new growth capital.
UK: London-based proptech firm and flexible rental platform, Lavanda, has announced a fresh growth funding round of $7.25 million [approximately £5.3 million].
UK: NatWest and Leumi UK will provide debt packages to support EQT Exeter and Sigma Capital’s residential joint venture to bring affordable new rental homes to Greater London
UK: Businesses in England most impacted by Covid-19 and the Omicron variant will benefit from £700 million in government grants, delivered to councils across the country today.
US: The 2024 First Quarter US Extended-Stay Hotels Report, published by The Highland Group, reveals a decline in RevPAR for the first time in three years.
Sean Wewer, Homelike’s country manager – DACH and Italy, shares some insights on the rise of coliving and what this means for serviced apartment providers.
Australia / New Zealand: Urban Rest, a provider of flexible alternative accommodations serving the corporate market, has announced its acquisition of New Zealand counterpart The Urban Butler, effective from …
US: The 410-room dual-branded Courtyard New Orleans and SpringHill Suites New Orleans Warehouse Arts District has been sold for $73 million.
Germany: Digital hospitality platform NUMA Group has established its brand advisory board, aimed at “accelerating growth” for the company.
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.