What will 2025 have in store for extended stays?
Eloise Hanson
10 December 2024
Reading Time: 6 minutes SAN editor Eloise Hanson outlines four key trends expected to shape the extended stay sector in 2025 and beyond.
Ando Living Group acquires London operator City Apartments
Eloise Hanson
8 November 2024
Reading Time: < 1 minute UK: European serviced apartment operator Ando Living Group has acquired London-based operator City Apartments, marking the group’s entry into the United Kingdom.Â
Sanctum Apartments comes to market at £30 million
Eloise Hanson
6 September 2024
Reading Time: < 1 minute UK: The luxury Sanctum Apartments, located in north-west London, is being marketed at a guide price of £30 million by real estate agency Savills.
European serviced apartments show higher KPIs than hotels
Eloise Hanson
29 August 2024
Reading Time: 2 minutes Europe: The latest research from Savills examines the performance, pipeline, transactions and more of serviced apartments across Europe.
Two central London serviced apartment schemes for sale
Eloise Hanson
22 January 2024
Reading Time: < 1 minute UK: Real estate agent Savills has been appointed to sell two central London C1 serviced apartment schemes located in The City of London and Farringdon for guide prices of £17 million and £11 million respectively.
Staycity acquires £40 million Stratford site
Isha Borkar
23 May 2023
Reading Time: < 1 minute UK: European operator Staycity Group has acquired a 0.06-hectare site in Stratford, east London to develop a 240-unit aparthotel.
Green light for aparthotel at Victorian era listed building in Cardiff
Isha Borkar
24 February 2023
Reading Time: < 1 minute UK: Planning permission has been granted for an aparthotel at a Victorian era listed building in central Cardiff.
London leads the way for European serviced apartment growth
George Sell
10 March 2022
Reading Time: 2 minutes Europe: New research from Savills shows that European serviced apartment supply is forecast to expand by 21.2 per cent over the next three years.
More than half of UK operators back to pre-Covid occupancy levels
George Sell
1 March 2022
Reading Time: 2 minutes UK: The latest Savills/ASAP sentiment survey has revealed that 80 per cent of respondents expect occupancy to recover fully by end of 2022, pointing to a recovery in the next eight months.
Hanoi serviced apartment rates continue falling
Emily Reilly
25 January 2022
Reading Time: < 1 minute Vietnam: Rates for Hanoi serviced apartments have reached a three-year low.
room2 Belfast hits the market at £21.2 million
Reading Time: < 1 minute Northern Ireland: Commercial property agency CBRE NI is marketing the low-carbon aparthotel room2 Belfast at a guide price of £21.2 million.
Wyndham partners with extended stay booking platform myroom24
Reading Time: < 1 minute Worldwide: Extended stay booking platform myroom24 has partnered with hotel franchising company Wyndham to automate reservations for a minimum of four weeks.Â
Weave Living expands in Singapore with two launches
Reading Time: < 1 minute Singapore: Rental accommodation owner, developer and operator Weave Living has launched two properties in Singapore, located in the East Coast and Mount Sophia areas.
Viceroy Residences Aventura set to open in 2027
Reading Time: 2 minutes US: Developers Related Group and BH Group have partnered with luxury hotel brand Viceroy Hotels & Resorts to launch 274 serviced residences in Aventura, Miami in Florida.Â
Regal Hotels launches long stay programme for healthcare workers
Reading Time: < 1 minute Hong Kong: Operator Regal Hotels has introduced an extended stay programme for Hospital Authority (HA) staff across seven of its properties.Â
Staycity secures £77 million from OakNorth to triple portfolio
Reading Time: < 1 minute Ireland: Dublin-based aparthotel operator Staycity Group has secured a £77 million loan from digital bank OakNorth to triple its portfolio over the next five years.Â
Cheval Maison – Expo City Dubai set for March opening
Reading Time: 2 minutes UAE: Serviced apartment group Cheval Collection will open its second property in Dubai next month in March.Â
Placemakr to open pop-up hotel in Santa Clara multifamily building
Reading Time: 2 minutes US: Flexible-use hospitality and multifamily operator Placemakr has partnered with developer SummerHill Apartment Communities to offer 109 units in Silicon Valley.
NUMA appoints Morawietz as director of corporate development
Reading Time: < 1 minute Germany: Digital hospitality platform NUMA Group has appointed Philipp Morawietz as the company’s director of corporate development.
Mint House acquires Locale to expand residential hospitality offer
Reading Time: < 1 minute US: Flexible living operator Mint House has acquired residential hospitality company Locale.