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 Germany: Homelike, an online platform for mid- to long-stay accommodation, has ceased operations with immediate effect.Â
Reading Time: < 1 minute Europe: Tech-led serviced apartment operator Bob W has appointed Philip Ward as an independent non-executive director to its board.
Reading Time: < 1 minute Worldwide: Entries for the 10th annual Serviced Apartment Awards have been extended by 10 days to Wednesday 2nd April 23:59 BST.Â
Reading Time: < 1 minute US: Luxury serviced apartment provider BP Stays has partnered with hospitality cloud platform Mews to streamline operations and support the company’s growth across New York and New Jersey.
Reading Time: < 1 minute Saudi Arabia: Serviced apartment and hotel provider Frasers Hospitality has named Hazem El Bahnasy as general manager of Fraser Suites Riyadh.Â
Reading Time: 2 minutes India: Serviced accommodation agent Synergy Global Housing has appointed Manpreet Dhami to oversee the company’s international operations.
Reading Time: < 1 minute US: Luxury lifestyle hospitality group Rosewood Hotels & Resorts has opened its first standalone residential offering with the launch of Rosewood Residences Beverly Hills.
Reading Time: < 1 minute UK: Lifestyle aparthotel platform AENDRE has expanded its team with the appointment of a creative director and senior associate in acquisitions.Â
Reading Time: < 1 minute UK: Third-party operator RBH Hospitality Management has been appointed to manage the Aparthotel Adagio London Sutton Point.Â
Reading Time: < 1 minute SAN speaks exclusively to David Whelan, CEO of Urban Rest, about the motivating reasons for launching its mid-stay BTR offer Urban+ and what challenges it seeks to address.