limehome signs 400 apartments in Q1
Isha Borkar
28 April 2023
Reading Time: < 1 minute Europe: The serviced apartment provider limehome now has locations under contract in more than 100 European cities.
Quest outperforms pre-pandemic levels as group expands
Isha Borkar
14 April 2023
Reading Time: < 1 minute Australia: Serviced apartment brand Quest has reported that its rates have surged back above 80 per cent with nightly rates reaching more than $200.Â
Cheval Collection opens first international property in Dubai
Isha Borkar
4 April 2023
Reading Time: < 1 minute UAE: Cheval Collection has opened Cheval Maison – The Palm Dubai, the company’s first international property in Dubai.
Extended Stay America to develop eight Premier Suites in Florida
Isha Borkar
3 April 2023
Reading Time: < 1 minute Extended Stay America has entered into an agreement with Bask Development for eight new Premier Suites in Florida.
room2 Southampton wins first place at Drax Electric Vehicle event
Isha Borkar
31 March 2023
Reading Time: 2 minutes room2 Southampton wins a £10,000 prize from Drax Electric Vehicle event at the Energy & Environment Alliance’s summit.
Madison Cairn and PGIM Real Estate open Brighton Staybridge Suites
Isha Borkar
20 February 2023
Reading Time: < 1 minute UK: PGIM Real Estate and Madison Cairn has opened a newly developed long-stay hotel in Brighton as a joint venture.
Synergy expands in India
Isha Borkar
7 February 2023
Reading Time: < 1 minute India: Synergy Global Housing has announced the growth of its operational presence in India through reservations and guest services teams in its Bangalore office.
Ascott adds to Crest Collection portfolio
Isha Borkar
1 February 2023
Reading Time: < 1 minute UK: The Ascott Limited (Ascott) The Crest Collection is said to expand in Singapore, France, China, and Vietnam.
Bank of England cuts interest rates by quarter point
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.
Your Apartment expands in London with Camden site
Reading Time: < 1 minute UK: Serviced apartment brand Your Apartment has opened its latest London property, located in Camden.
Sydney aparthotel sold for coliving conversion in $31.5 million deal
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.
Caliber signs 15 Hyatt Studios development deal across the US
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.
Branded residences to top 1,600 global projects by 2030
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.
Cost pressures and fragmented carbon data hinders green travel
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.
Millennials and Gen Z want more business trips, CTM finds
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.
The July to launch first UK aparthotel in London Victoria this June
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.
“Father of corporate housing” Howard Ruby dies aged 90
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.
RMS and Right Revenue join forces
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.Â