NUMA purchases YAYS for undisclosed terms
Germany / Netherlands: Digital hospitality platform NUMA Group has announced the acquisition of Dutch serviced apartment platform YAYS from Proprium Capital Partners.
Germany / Netherlands: Digital hospitality platform NUMA Group has announced the acquisition of Dutch serviced apartment platform YAYS from Proprium Capital Partners.
Finland / Netherlands: Tech-powered short-term rental operator Bob W’s growth trajectory is continuing with openings in two of Amsterdam’s most fashionable districts.
Europe: Serviced apartment operator YAYS has plans to open its first location in Spain and Germany by 2024.
Worldwide: Corporate travel consortium Hickory Global Partners has launched a joint venture with travel agent group The Advantage Travel Partnership to create an accommodation network, Global Stays.
US: Development and management company Brandt Hospitality Group has opened its first extended stay hotel in New York, the Home2 Suites by Hilton Poughkeepsie.
US: Tech-enabled hospitality and multifamily operator Placemakr has opened its 81-unit Navy Yard aparthotel in Washington DC.
Saudi Arabia: Baheej Tourism Development Company, a joint venture between ASFAR, the Saudi tourism investment company owned by PIF, and the Tamimi-AWN Alliance, has signed an agreement with operator Kerten Hospitality for its premium Cloud7 brand in Yanbu.
UK: Management company Switch Hospitality has completed the redevelopment of its aparthotel Birmingham with the addition of an on-site store.
UK: Eden Grove Developments Limited, the freeholder of The Coal Exchange Hotel in Cardiff, has appointed KEW Planning to redevelop the site and explore the addition of serviced apartments.
US: Choice Hotels’ midscale extended stay brand Everhome Suites has debuted in Nampa, Idaho, marking the third opening for the brand.
US: The independently owned and operated Shorehouse Hotel, located in Buena Vista, Colorado, has opened.
UAE: The Ascott Limited has unveiled ambitious expansion plans to grow its portfolio in the MENA region.
UK: Property management and development company The Nurtur Group will open its first serviced apartments offering in Preston, Lancashire, on 1st July.