VAT serviced apartment

Should VAT be charged on serviced apartment rents?

Reading Time: 5 minutes Recent VAT tribunal decisions have led to uncertainty as to how serviced apartment operators should treat their income. Crowe’s Adam Cutler provides background to the issue and what operators should do to protect their position while litigation is ongoing.

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LivAway Suites breaks ground on fourth site in Tucson
LivAway Suites breaks ground on fourth site in Tucson

Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has expanded in Arizona, breaking ground on its fourth site in Tucson.

David Phillips Furniture Limited files NOI to appoint administrators
David Phillips Furniture Limited files NOI to appoint administrators

Reading Time: 2 minutes UK: Furniture and fit-out company David Phillips Furniture Limited has filed a notice of intent (NOI) to appoint administrators. 

Frasers appoints commercial director EMEA
Frasers appoints commercial director EMEA

Reading Time: 2 minutes EMEA: Investor-operator Frasers Hospitality has appointed Darryl Walker as commercial director EMEA, a newly created position in the team.

Synergy launches CarbonSMART emissions calculator
Synergy launches CarbonSMART emissions calculator

Reading Time: < 1 minute Worldwide: Serviced apartment agent Synergy Global Housing has introduced the CarbonSMART tool to provide emissions reporting for its managed properties and supplier network.

Spacest.com acquires Homelike domain and brand
Spacest.com acquires Homelike domain and brand

Reading Time: < 1 minute Italy: Milan‑based proptech company Spacest.com has acquired the domain name, logo, and brand of TheHomeLike.com, formerly owned by German proptech Homelike, as part of its accelerated expansion across Europe. 

Sweeney Group opens second aparthotel in Aviemore
Sweeney Group opens second aparthotel in Aviemore

Reading Time: < 1 minute UK: Family-owned business Sweeney Group has opened its second aparthotel in Aviemore.

Skye Suites Sydney sells for $68 million
Skye Suites Sydney sells for $68 million

Reading Time: 2 minutes Australia: Skye Suites Sydney, a five-star serviced-apartment property in Sydney’s CBD, has been sold to Furama Hotels International in what has been reported as the city’s largest hotel sale so far this year.

Limerick aparthotel
Updated plans approved for Limerick aparthotel

Reading Time: < 1 minute Ireland: Developer Dalespell Limited has received consent to increase the number of rooms and additional retail space for its aparthotel project on O’Connell Street in Limerick.

Punta Calera Aparthotel opens in Los Alcázares, Murcia
Punta Calera Aparthotel opens in Los Alcázares, Murcia

Reading Time: < 1 minute Spain: The four-star Punta Calera Aparthotel has opened in the coastal town of Los Alcázares.

Adagio Stuttgart NeckarPark
Adagio expands in Germany with 12th property in country

Reading Time: < 1 minute Germany: Aparthotel operator Adagio has opened its 12th property in Germany, located in Stuttgart, as part of the brand’s strategy to expand within the DACH region (Germany, Austria, Switzerland).