AltoVita closes $9.5m Series A investment round
UK: Global corporate accommodation platform AltoVita has secured $9.5 million in an oversubscribed Series A investment round.
UK: Global corporate accommodation platform AltoVita has secured $9.5 million in an oversubscribed Series A investment round.
EUROPE: Ukio, a flexible rental startup, which provides fully furnished serviced homes has raised €27 million in Series A funding.
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.
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.
US: Rental property management software company DoorLoop has raised $20 million in Series A funding.
Vancouver: Operto Guest Technologies has completed its $12 million USD Series A financing round.
US: Development and management company Brandt Hospitality Group has opened its first extended stay hotel in New York, the Home2 Suites by Hilton Poughkeepsie.
US: Tech-enabled hospitality and multifamily operator Placemakr has opened its 81-unit Navy Yard aparthotel in Washington DC.
Saudi Arabia: Baheej Tourism Development Company, a joint venture between ASFAR, the Saudi tourism investment company owned by PIF, and the Tamimi-AWN Alliance, has signed an agreement with operator Kerten Hospitality for its premium Cloud7 brand in Yanbu.
UK: Management company Switch Hospitality has completed the redevelopment of its aparthotel Birmingham with the addition of an on-site store.
UK: Eden Grove Developments Limited, the freeholder of The Coal Exchange Hotel in Cardiff, has appointed KEW Planning to redevelop the site and explore the addition of serviced apartments.
US: Choice Hotels’ midscale extended stay brand Everhome Suites has debuted in Nampa, Idaho, marking the third opening for the brand.
US: The independently owned and operated Shorehouse Hotel, located in Buena Vista, Colorado, has opened.
UAE: The Ascott Limited has unveiled ambitious expansion plans to grow its portfolio in the MENA region.
UK: Property management and development company The Nurtur Group will open its first serviced apartments offering in Preston, Lancashire, on 1st July.
UAE: Rotana has revealed its growing pipeline of planned openings in the Middle East, Africa and the UK..