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.
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.
Reading Time: 2 minutes Europe: The latest research from Savills examines the performance, pipeline, transactions and more of serviced apartments across Europe.
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.
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.
Reading Time: < 1 minute UK: Planning permission has been granted for an aparthotel at a Victorian era listed building in central Cardiff.
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.
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.
Reading Time: < 1 minute Vietnam: Rates for Hanoi serviced apartments have reached a three-year low.
Reading Time: 2 minutes UK: Serviced apartments are expected to be less affected by the staffing crisis facing the UK hospitality industry than hotels,
Reading Time: < 1 minute UK: Lifestyle aparthotel brand The July will open its first international property in London Victoria, scheduled to launch in July 2025.
Reading Time: 2 minutes Germany: Dublin-based aparthotel operator Staycity Group has acquired a majority stake in the Felix Group, owned by Munich-based real estate developer Denkmalneu Group (DMN).
Reading Time: 2 minutes Germany: API-first open property management platform Apaleo has announced that it has raised €20 million in a growth equity investment [Series B funding] round.
Reading Time: < 1 minute UK: Flexible living operator Urban Rest has opened the first phase of its Hackney serviced apartment property in East London.
Reading Time: 2 minutes Europe: Tech-enabled serviced apartment operator limehome is planning to convert 3,000 apartments from office and retail space over the next two years.
Reading Time: < 1 minute UK: The Association of Serviced Apartment Providers (ASAP), a trade body for the serviced apartment sector, will host its annual conference on Thursday 28 November 2024 in London.
Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has opened its second property in the United States, located in the Tri-Cities area of Washington.
Reading Time: < 1 minute US: Investment firm AWH Partners has acquired the dual-branded Residence Inn and Fairfield Inn & Suites, located in Broomfield, Colorado.
Reading Time: < 1 minute Sweden: Corporate housing provider Forenom has appointed Erik Johnson as the group’s country director for Sweden, effective from the start of 2025.
Reading Time: < 1 minute Worldwide: Serviced apartment provider SilverDoor has promoted Alex Neale from SVP partner relationships to chief supply officer, effective immediately.