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.
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.Â