Reading Time: 2 minutes Singapore: The Ascott has acquired two properties in Ningbo, China and Amsterdam, the Netherlands for approximately $190 million.
Reading Time: 2 minutes Singapore: The Ascott Limited (Ascott) has established a development venture totalling US$150 million in committed equity to develop student accommodation assets in the USA.
Reading Time: < 1 minute Singapore: Ascott secured 15,100 units across 72 properties globally in 2021, marking the fifth consecutive year the company has achieved record growth.
Reading Time: 2 minutes Singapore: Ascott has expanded its lyf portfolio to 17 properties with more than 3,000 units in 13 cities and nine
Reading Time: < 1 minute Worldwide: Serviced apartment provider SilverDoor has promoted Alex Neale from SVP partner relationships to chief supply officer, effective immediately.
Reading Time: < 1 minute Europe: Montpellier-based aparthotel operator Appart’City has partnered with revenue management company IDeaS to support its portfolio of 90 properties.
Reading Time: < 1 minute UK: Serviced apartment provider The Apartment Network has launched TAN Checkout, a corporate booking solution for extended stays powered by 1-CP.
Reading Time: < 1 minute UK: European serviced apartment operator Ando Living Group has acquired London-based operator City Apartments, marking the group’s entry into the United Kingdom.
Reading Time: < 1 minute UK: Aparthotel and members club The Other House is due to open its second property in London, located in Covent Garden in Q4 2025.
Reading Time: 4 minutes US: Republican candidate Donald Trump has won the US election, making a historic return to the White House after four years of governance under the Democratic Party.
Reading Time: 2 minutes Sweden: Tech-powered hospitality operator Bob W has signed a lease for its debut property in Sweden, located in the capital Stockholm.
Reading Time: < 1 minute US: Tech-enabled flexible living operator Mint House is due to open its fourth property in Nashville, Marathon Village in spring 2025.
Reading Time: < 1 minute Europe: Third-party management company Pyramid Global Hospitality has emerged its European division, Hamilton Pyramid Europe, with hotel management company Axiom Hospitality.
Reading Time: 2 minutes UK: Real estate private equity investment manager ActivumSG, on behalf of ActivumSG Fund VII, working with Global Hospitality Investment Group, has acquired Sutton Point for £21 million.