Reading Time: 2 minutes Germany: API-first open property management platform Apaleo has announced that it has raised €20 million in a growth equity investment [Series B funding] round.
Reading Time: 2 minutes Italy: Tech-enabled travel management company BizAway has secured €35 million from investor Mayfair Equity Partners.
Reading Time: 3 minutes Israel / US: Property management software platform Guesty has raised $130 million in a Series F funding round.Â
Reading Time: 2 minutes 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.
Reading Time: 2 minutes UK: Business travel management platform TravelPerk has closed an additional $104 million funding led by SoftBank Vision Fund 2.
Reading Time: < 1 minute Worldwide: Travel retail technology company Travelport has secured $570 million in equity financing from existing holders and lenders.
Reading Time: 2 minutes Spain: Corporate accommodation platform Apartool has closed a Series A funding round of €5.5 million led by Roch Ventures and Barlon Capital.
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: 2 minutes UK: The parent company of Q Global Network, QIG Holdings, has made an eight digit investment in prop-tech company Homelike to create a flexliving platform.
Reading Time: 2 minutes US: Placemakr, a flexible-use multifamily and hospitality operator, has raised $65 million in new funding and appointed Timothy G. Franzen, the former president of Graduate Hotels, to its C-suite.
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.
Reading Time: < 1 minute US: Construction is set to begin on the Element by Westin extended stay hotel in Medford late August, located near Pear Blossom Park.
Reading Time: 2 minutes Oman: The Sustainable City – Yiti, a coastal development overlooking the Gulf of Oman, has launched its luxury serviced residential offering The Arc.Â
Reading Time: < 1 minute US: TownePlace Suites, an extended stay hotel brand from Marriott, has opened a newly constructed property in Bozeman.
Reading Time: 2 minutes US: Franchisor Choice Hotels has rolled out two marketing campaigns designed to spotlighting its four extended stay brands.