Reading Time: 2 minutes Singapore: CapitaLand Ascott Trust (CLAS) has sold the Citadines Mount Sophia Singapore to Hong Kong-based owner-operator Weave Living and US-based asset manager BlackRock.
Reading Time: < 1 minute Singapore: National development minister Desmond Lee has revealed that the country will pilot a new class of serviced apartments with a three-month minimum stay to meet rental demand.Â
Reading Time: < 1 minute Singapore: Serviced apartment operator Frasers Hospitality has expanded its portfolio of historic properties to six with the opening of Fraser Residence River Promenade, Singapore.
Reading Time: 2 minutes Worldwide: Lodging business The Ascott Limited has revealed three upcoming launches under its Crest Collection brand following three debut openings in Asia.
Reading Time: 2 minutes Singapore: Serviced apartment and hotel operator The Ascott Limited has signed a memorandum of understand with the Global Sustainable Tourism Council to provide international accreditation for hospitality leaders in Singapore.
Reading Time: < 1 minute Worldwide: The Ascott Limited says that it is on track to reach 160,000 keys by the end of this year. Read more on SAN.
Reading Time: < 1 minute Worldwide: SilverDoor’s latest market update says that corporate housing rates are up 15 per cent in EMEA and 27 per cent in APAC.
Reading Time: < 1 minute Singapore: Real estate company LHN Group has bought the GSM Building for $80 million to expand its serviced residences offering.
Reading Time: < 1 minute India: Synergy Global Housing has announced the growth of its operational presence in India through reservations and guest services teams in its Bangalore office.
Reading Time: < 1 minute UK: The Ascott Limited (Ascott) The Crest Collection is said to expand in Singapore, France, China, and Vietnam.
Reading Time: < 1 minute Europe: Alastair Thomann has been appointed CEO of serviced apartment and aparthotel group edyn, effective immediately, replacing Daniel Carre-Bishop, interim CEO who will now continue in his role as CFO.
Reading Time: < 1 minute Europe: Serviced apartment operator lime home signed 3,000 apartments in 2024, taking the group’s total contracted units to 9,000.
Reading Time: 2 minutes UK: Real estate finance provider Maslow Capital has provided a £64.2 million facility to developer Forshaw Land & Property Group for its Vivere Residence project in Manchester.Â
Reading Time: < 1 minute Luxembourg: Aparthotel brand Adagio and developer CODIC Group are set to launch a property in the BOTANICA – Your Office Resort business district in Luxembourg.Â
Reading Time: 21 minutes Worldwide: IHM’s editorial team (George Sell, editor-in-chief; Paul Stevens, editor – short-term rentals; and Eloise Hanson, editor – hospitality) provides a glimpse into 2025 trends for the travel, hospitality and real estate sectors.
Reading Time: < 1 minute US: Destination services and temporary living provider Dwellworks has acquired the US destination services and rental home-finding operations of CORT.
Reading Time: < 1 minute US: Serviced apartment agent Synergy Global Housing has made a series of executive appointments as well as promotions within its leadership team.Â
Reading Time: < 1 minute US: Hotel franchisor Wyndham Hotels & Resorts, in partnership with residential hospitality management company Reside, have opened two Washington DC properties.Â
Reading Time: 2 minutes London-based investment firm Valpre Capital has acquired an office building in Athens for conversion into an aparthotel.
Reading Time: < 1 minute US: Extended stay brand LivAway Suites and real estate investment firm West77 Partners have begun construction on its first hotel in Texas.Â