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.
CityBlue Hotels opens Kilua Residences in Mombasa
Reading Time: 2 minutes Kenya: CityBlue Hotels has opened its luxury beachfront property Kilua Residences in Mombasa, which caters to both short and long-term stays.
Plans in for Edinburgh 28-room aparthotel on warehouse site
Reading Time: 2 minutes UK: Scottish property-letting company Eren Properties Scotland Limited has submitted plans to demolish a vacant warehouse at 254 Leith Walk, Edinburgh, and build an 11-unit aparthotel with a total of 28 bedrooms.
Noble Investment Group expands asset management team
Reading Time: < 1 minute US: Real estate firm Noble Investment Group has appointed two directors of asset management across its extended stay and upscale select-service platforms.
Louvre opens first aparthotel in Ukraine under TULIP brand
Reading Time: < 1 minute Ukraine: TULIP Hotels & Residences, part of Louvre Hotels Group, has opened its first aparthotel in Ukraine located in Lviv.
Corporate travel clients want more emission data, says SilverDoor
Reading Time: 2 minutes Worldwide: Serviced apartment agent SilverDoor has reported an increase in demand from corporate travel and relocation clients for carbon emission data, following the launch of its Carbon Calculator in November 2023.
RMS unveils booking engine
Reading Time: < 1 minute US: Property management system RMS has launched an upgraded version of its booking engine, introducing features aimed at simplifying the reservation process for both guests and accommodation providers.
Hyatt House to open first site in Australia this July
Reading Time: < 1 minute Australia: Hyatt will launch its first House-branded extended stay hotel in Australia with a location in South Melbourne, set to open for arrivals on 1 July 2025.
RBH to manage Station Suites serviced apartments in Middlesbrough
Reading Time: < 1 minute UK: A collection of serviced apartments called Station Suites is set to open in central Middlesbrough this June under operation of RBH Hospitality Management.
Lamington Group signs 250-year lease for Shire Hall in Cambridge
Reading Time: 2 minutes UK: Real estate and investment company Lamington Group has signed a 250-year lease for Shire Hall in Cambridge.
Marriott launches dual-branded hotel in Chilliwack
Reading Time: < 1 minute Canada: Marriott has opened a dual-branded TownePlace Suites and Fairfield Inn hotel, located in Chilliwack.Â