Reading Time: 2 minutes US: The latest report from The Highland Group shows that extended stay outperformed the overall industry in May, with all segments reporting strong figures.
Reading Time: 2 minutes USA: CEO of Dellisart Hospitality, Doug Artusio, has launched the Extended Stay Lodging Association.
Reading Time: < 1 minute US: The Highland Group has released findings, which shows extended stay hotel demand falling as rates increase faster than hotel industry.
Reading Time: 2 minutes US: Q3 performance for US extended stay hotels set 14 new records for metrics including demand, occupancy, ADR and REVPAR,
Reading Time: 2 minutes US: The latest report from The Highland group shows that US extended stay hotels recorded an average occupancy of 77.4
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: < 1 minute Greece: YOTEL will launch YOTELPAD Athens, a 113-key aparthotel set across three separate, centrally located buildings in the Greek capital, marking the brand’s debut in Greece.
Reading Time: < 1 minute UK: Plans have been approved to transform a city centre building in Newcastle into serviced apartments, with the site now brought to market by estate agency Knight Frank on behalf of owner Monument Real Estate.Â
Reading Time: < 1 minute UK: Plans have been submitted to transform a pub in Hebden Bridge, Yorkshire, into an aparthotel, giving the site a new lease of life if approved.
Reading Time: < 1 minute India: Real estate and lodging company Ascott will open a Oakwood-branded serviced residence in Tirupati, Andhra Pradesh, through a partnership with KBR Homes India Private Limited.
Reading Time: 2 minutes UK: Luxury serviced apartment business Inverness City Suites has relaunched to market with Savills at a guide price of….
Reading Time: < 1 minute Malaysia: The all-suite Birkin International Hotel has officially opened in Melaka along Klebang beach.
Reading Time: < 1 minute Australia: Flexible living operator Urban Rest has promoted Simon Farr to general manager for Australia.
Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has expanded in Arizona, breaking ground on its fourth site in Tucson.
Reading Time: 3 minutes UK: Furniture and fit-out company David Phillips Furniture Limited has filed a notice of intent (NOI) to appoint administrators.Â