Reading Time: 2 minutes UK: new chancellor Jeremy Hunt has announced that the majority of measures in his predecessor Kwasi Kwarteng’s mini-budget will be scrapped.
Reading Time: 5 minutes UK: Chancellor Kwasi Kwarteng has announced a series of tax cuts in a mini-budget aimed to boost economic growth.
Reading Time: 2 minutes UK: Trade bodies the Association of Serviced Apartment Providers (ASAP), the Professional Association of Self-Caterers UK (PASC UK), and the Association of Scotland’s Self-Caterers (ASSC) will work together to address shared legislative and regulatory challenges.
Reading Time: 2 minutes Australia: The Government of Western Australia has purchased the former Fraser Suites Perth for $105 million to be repurposed into affordable social housing.Â
Reading Time: 2 minutes US: Francis Davidson, co-founder and former CEO of Sonder, has stepped down from the company this week with chairperson of the board Janice Sears holding an interim CEO title.
Reading Time: < 1 minute US: Hospitality technology provider RMS has appointed Chetan Arjun as its chief financial officer to support the company’s next phase of global expansion.
Reading Time: 2 minutes Denmark: Tech-powered aparthotel operator Bob W has signed a long-term lease for a 7,500 square metre property in Copenhagen’s Meatpacking District, one of the company’s largest deals to date.
Reading Time: < 1 minute US: Flexible hospitality operator Mint House has opened its first aparthotel in Washington DC, housed in a former office.
Reading Time: < 1 minute India: Developer Saya Group has partnered with Carnation Hotels Pvt Ltd, a subsidiary of Lemon Tree Hotels, to manage 336 fully-serviced suites at its mixed-use project Saya SouthX in Greater Noida West, Uttar Pradesh.
Reading Time: < 1 minute UK: Serviced apartment property Charles Hope Brentford has launched an Uber Kiosk in its lobby to provide guests with information on local and national transport.
Reading Time: < 1 minute US: Revenue management software company Duetto has named board member Alex Zoghlin as its CEO, succeeding David Woolenberg who has decided to step down.
Reading Time: < 1 minute UK: Real estate investment firm and asset manager DTZ Investors has acquired the Staycity Aparthotels Edinburgh property for £12 million.