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.
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 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.
Reading Time: < 1 minute Europe: Montpellier-based aparthotel operator Appart’City has partnered with revenue management company IDeaS to support its portfolio of 90 properties.
Reading Time: < 1 minute UK: Serviced apartment provider The Apartment Network has launched TAN Checkout, a corporate booking solution for extended stays powered by 1-CP.
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: Aparthotel and members club The Other House is due to open its second property in London, located in Covent Garden in Q4 2025.
Reading Time: 4 minutes US: Republican candidate Donald Trump has won the US election, making a historic return to the White House after four years of governance under the Democratic Party.
Reading Time: 2 minutes Sweden: Tech-powered hospitality operator Bob W has signed a lease for its debut property in Sweden, located in the capital Stockholm.