Reading Time: 2 minutes Indonesia: Luxury hotel chain Swissôtel, owned by Accor, has debuted its Swissôtel Living brand in Asia with the opening of Jakarta Mega Kuningan.
Reading Time: < 1 minute Indonesia: Lifestyle brand 25hours Hotels has appointed Jesper Soerensen as general manager of The Oddbird Jakarta, due to open in November 2024.
Reading Time: < 1 minute Indonesia: New research from Colliers predicts that four upcoming projects will take Jakarta’s serviced apartment inventory to 7,793 by the end of 2025.
Reading Time: 2 minutes Worldwide: Lodging business The Ascott Limited has revealed three upcoming launches under its Crest Collection brand following three debut openings in Asia.
Reading Time: 2 minutes EMEA: Pan Pacific Hotels Group is to double its serviced suites portfolio after seeing the increased demand for extended stay.
Reading Time: < 1 minute Indonesia: Japan’s Hotel Okura will operate serviced apartments in a mixed-use tower in Jakarta.
Reading Time: < 1 minute Indonesia: Metro has selected Ascott to manage the M+ serviced residences in Trans Park Bekasi, Jakarta. Ascott will manage more
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.
Reading Time: 2 minutes UK: Amsterdam-based hospitality brand The July is set to open its first UK property this June, unveiling a 114-room aparthotel in London’s Victoria district.
Reading Time: 2 minutes US: Howard Ruby, founder of serviced apartment company Oakwood and widely regarded as the father of corporate housing, has died aged 90.
Reading Time: 2 minutes UK: Hospitality platform RMS has partnered with revenue management specialist Right Revenue to help short-term rentals, independent hotels, and serviced apartments boost profits through smarter pricing.