Reading Time: 3 minutes UK: Global corporate accommodation platform AltoVita has secured $9.5 million in an oversubscribed Series A investment round.
Reading Time: 3 minutes EUROPE: Ukio, a flexible rental startup, which provides fully furnished serviced homes has raised €27 million in Series A funding.Â
Reading Time: 2 minutes New Zealand: Auckland-based luxury short- to long-term rental property management company The Urban Butler has completed its Series A capital raise as it seeks to redefine the New Zealand accommodation market.
Reading Time: < 1 minute Finland: Tech-driven hospitality provider Bob W has secured €21 million in series A funding, led by IDC Ventures, Elevator Ventures, Verve Ventures and Flashpoint.
Reading Time: 2 minutes US: Rental property management software company DoorLoop has raised $20 million in Series A funding.
Reading Time: 3 minutes Vancouver: Operto Guest Technologies has completed its $12 million USD Series A financing round.
Reading Time: < 1 minute Zimbabwe: Developer WestProp Holdings Limited has broken ground on the first Radisson-branded serviced apartments in the country.
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.
Reading Time: < 1 minute UK: Serviced apartment brand Your Apartment has opened its latest London property, located in Camden.
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.
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.
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.
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.
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.
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.
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.