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: 2 minutes US: Luxury hospitality brand Pendry Hotels & Resorts has broke ground on its luxury hotel and residential development in Nashville, set to open in 2027.
Reading Time: 3 minutes Michael McCartan, VP of EMEA at IDeaS, explains why revenue management is becoming more important as the serviced apartment sector matures.Â
Reading Time: < 1 minute Worldwide: Hotel representation company HotelREZ has added 100 independent hotels and aparthotels to its portfolio.
Reading Time: 2 minutes Greece: Tech-powered hospitality operator Bob W has signed a long-term lease agreement to convert a central Athens office building into 130 serviced apartments.
Reading Time: < 1 minute Worldwide: Serviced apartment provider Urban Rest has launched Urban+, a new model designed to help BTR operators manage the lease-up phase of developments.
Reading Time: < 1 minute UK: Serviced apartment consultancy Ariosi has appointed Alistair Murray as its new chief operating officer (COO), effective immediately.
Reading Time: < 1 minute The Netherlands: Luxury lifestyle hotel, dining and residence brand Nobu Hospitality will enter the Netherlands market with its Nobu Residences Park Meadows Amsterdam property.
Reading Time: < 1 minute France: Real estate investment firm Amundi Immobilier has acquired YAYS Paris Issy by Numa, located near the upcoming Grand Paris Metro Line 15 station.
Reading Time: < 1 minute UK: The Glasgow-based real estate firm the Malyon Group has opened a new boutique aparthotel, Moment George IV Bridge, in Edinburgh’s Old Town.
Reading Time: < 1 minute US: Hospitality technology platform Mews has raised $75 million in a funding round led by Tiger Global, with participation from existing investors Kinnevik, Battery Ventures and Growth Equity at Goldman Sachs Alternatives.Â