Lamington Group appoints board of directors
Eloise Hanson
11 December 2024
Reading Time: < 1 minute UK: Development and investment company Lamington Group has appointed two new members to its board of directors.
room2 launches loyalty program The Hometel Club
Eloise Hanson
9 October 2024
Reading Time: < 1 minute UK: Aparthotel brand room2, owned by developer and operator Lamington Group, has introduced a loyalty program The Hometel Club.
Lamington Group to open room2 York in 2026
Eloise Hanson
8 August 2024
Reading Time: < 1 minute UK: B-Corp real estate investor and developer Lamington Group will begin development on its room2 York site this summer with a scheduled launch in 2026.
Lamington Group releases ESG report
Eloise Hanson
18 April 2024
Reading Time: 2 minutes UK: Family-owned real estate investor and developer Lamington Group has released its latest ESG report, detailing progress made in 2022.
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.
December launch for “world’s first” net zero carbon hotel
George Sell
14 October 2021
Reading Time: 2 minutes UK: room2 is set to open what is claimed to be the world’s first whole life net zero carbon hotel
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.