Reading Time: 2 minutes Germany: Real estate investment manager ActivumSG has acquired a majority stake in Centralis, a German serviced apartment investment and development company, as it moves to scale the business into a €500 million (£434 million) platform.
Reading Time: 2 minutes Germany: Ascott has brought its lyf ‘social living brand’ to Frankfurt
Reading Time: 3 minutes Germany / Netherlands: Digital hospitality platform NUMA Group has announced the acquisition of Dutch serviced apartment platform YAYS from Proprium Capital Partners.
Reading Time: 2 minutes Germany: Digital hospitality platform NUMA Group has raised $59 million [€55.5 million] in growth equity capital in a Series C funding round.
Reading Time: < 1 minute Germany: Upcoming hotel brand LyvInn has launched its first property with 164 rooms called Frankfurt Messe.
Reading Time: < 1 minute Europe: The serviced apartment provider limehome now has locations under contract in more than 100 European cities.
Reading Time: 2 minutes Finland / Germany: Tech-powered short-stay operator Bob W has entered the German market with the acquisition of apartment rental agency Charly Hospitality.
Reading Time: < 1 minute Europe: Serviced apartment operator YAYS has plans to open its first location in Spain and Germany by 2024.
Reading Time: 2 minutes EMEA: Accor’s urban aparthotel brand Adagio will open 11 hotels across five countries this year, including the brand’s sub-Saharan African debut in the Ivory Coast.Â
Reading Time: < 1 minute Worldwide: The Ascott Limited says that it is on track to reach 160,000 keys by the end of this year. Read more on SAN.
Reading Time: < 1 minute UK: Lifestyle aparthotel brand The July has opened its first UK property, a 114-key site, in London Victoria.
Reading Time: < 1 minute South Africa: The South African brand BlackBrick Aparthotels has joined forces with HotelREZ to help drive strategic growth in the corporate and leisure market.
Reading Time: 2 minutes Singapore: Aparthotel operator Cover Projects has opened The initial Sama, a 92-unit serviced apartment in in Singapore.Â
Reading Time: < 1 minute UK: Bristol-based serviced apartment brand Your Apartment has launched its sixth London property of the year in Lovat Lane.
Reading Time: < 1 minute UK: Luxury serviced apartment brand The Residence has appointed Wesley Moria as the company’s director of sales and revenue.
Reading Time: 2 minutes South Africa: Hospitality group Southern Sun has signed its first hotel and residences in the R5 billion (£209 million) Oceans Umhlanga mixed-use development.Â
Reading Time: 2 minutes US: Franchisor Landingplace Hotels has launched two midscale conversion brands, including an extended stay concept.
Reading Time: < 1 minute Worldwide: Serviced Apartment News has launched a global sentiment survey to assess how owners, operators, lenders, investors, suppliers and service providers feel about the current market.
Reading Time: 2 minutes India: Real estate developer Central Park has launched Selene, a tower of luxury serviced residences located in its Flower Valley township, South Gurugram.
Reading Time: 2 minutes Philippines: The Ascott Limited in partnership with Iconic Resorts Properties will open the Citadines Mactan Cebu Resort in 2028.