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.
Reading Time: 2 minutes Worldwide: The Ascott Limited, the lodging business unit wholly owned by CapitaLand Investment, signed 16 Oakwood properties in 2024, representing a 30 per cent increase over the previous year.
Reading Time: 2 minutes UAE: International lodging owner and operator, The Ascott Limited (Ascott), has appointed Pekka Hirvi as the director of business development for the Middle East, Africa and Turkey.
Reading Time: 3 minutes The Ascott Limited (Ascott), has announced the appointment of hospitality industry veteran Serena Lim as its chief growth officer.
Reading Time: 3 minutes SINGAPORE: The Ascott Limited has shared its business strategy at the CapitaLand Investment Investor Day 2022.
Reading Time: 2 minutes ASIA: Ascott will continue the roll out of its Oakwood properties following a strong start to 2022 and plans in Johor, Switzerland and India.
Reading Time: < 1 minute Singapore: The freehold of Oakwood Studios Singapore, a block of 98 units located at 18 Mount Elizabeth, has been put up for sale with a guide price of S$170 million (£105 million).
Reading Time: < 1 minute Singapore: Ascott, the largest operator of serviced apartments globally, will add around 15,000 units to its global inventory with the acquisition of Oakwood Worldwide from Mapletree Investments Pte Ltd.
Reading Time: < 1 minute South Korea: Oakwood has signed a management agreement for Oakwood Hotel Cheongju, in the capital of North Chungcheong province.
Reading Time: < 1 minute Japan: Oakwood has opened Oakwood Hotel & Apartments Azabu, the first hotel-licensed serviced apartment propertyto be developed by Mitsui Fudosan Residential Co.
Reading Time: < 1 minute Malaysia: The all-suite Birkin International Hotel has officially opened in Melaka along Klebang beach.
Reading Time: < 1 minute Australia: Flexible living operator Urban Rest has promoted Simon Farr to general manager for Australia.
Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has expanded in Arizona, breaking ground on its fourth site in Tucson.
Reading Time: 2 minutes UK: Furniture and fit-out company David Phillips Furniture Limited has filed a notice of intent (NOI) to appoint administrators.Â
Reading Time: 2 minutes EMEA: Investor-operator Frasers Hospitality has appointed Darryl Walker as commercial director EMEA, a newly created position in the team.
Reading Time: < 1 minute Worldwide: Serviced apartment agent Synergy Global Housing has introduced the CarbonSMART tool to provide emissions reporting for its managed properties and supplier network.
Reading Time: < 1 minute Italy: Milan‑based proptech company Spacest.com has acquired the domain name, logo, and brand of TheHomeLike.com, formerly owned by German proptech Homelike, as part of its accelerated expansion across Europe.Â
Reading Time: < 1 minute UK: Family-owned business Sweeney Group has opened its second aparthotel in Aviemore.
Reading Time: 2 minutes Australia: Skye Suites Sydney, a five-star serviced-apartment property in Sydney’s CBD, has been sold to Furama Hotels International in what has been reported as the city’s largest hotel sale so far this year.
Reading Time: < 1 minute Ireland: Developer Dalespell Limited has received consent to increase the number of rooms and additional retail space for its aparthotel project on O’Connell Street in Limerick.