Staycity takes loan with OakNorth and opens its largest property in Europe
UK: Staycity Group has opened its seventh property in Dublin, and has announced a five-year £30m loan facility from OakNorth Bank.
UK: Staycity Group has opened its seventh property in Dublin, and has announced a five-year £30m loan facility from OakNorth Bank.
Hospitality businesses across Europe share insights on how the energy crisis is affecting daily operations and the future outlook over
UK: London-based Song Capital Partners has acquired a a 340-unit Staycity aparthotel in Dublin city centre for €100 million.
UK: Construction has begun for the Wilde Aparthotel in Cambridge, which is being built on the site of an old car park.
PORTUGAL: Staycity Group has announced it is taking its Wilde Aparthotel brand to Portugal with the planned opening of two properties.
FRANCE: Staycity Group has announced it will open its sixth aparthotel property in France, in the Parisian business area of La Défense.
Europe: New research from Savills shows that European serviced apartment supply is forecast to expand by 21.2 per cent over the next three years.
Channel Islands: A 103-key Wilde by Staycity aparthotel will anchor a £120 million mixed-use scheme in St Helier if plans are approved.
Germany: Staycity has opened a 269-unit property at Frankfurt Airport, its third location in Germany.
France: Staycity has undertaken a major refurbishment of its Gare de l’Est property in Paris, giving all 50 apartments and guest areas a makeover.
Australia / New Zealand: Urban Rest, a provider of flexible alternative accommodations serving the corporate market, has announced its acquisition of New Zealand counterpart The Urban Butler, effective from …
US: The 410-room dual-branded Courtyard New Orleans and SpringHill Suites New Orleans Warehouse Arts District has been sold for $73 million.
Germany: Digital hospitality platform NUMA Group has established its brand advisory board, aimed at “accelerating growth” for the company.
Turkey: Accor’s premium brand Mövenpick has opened its Living Istanbul Saklivadi property in the city’s shopping district of Vadistanbul.
UK: The shortlists for this year’s Serviced Apartment Awards have been revealed ahead of the awards ceremony on 23 May at Leonardo Royal Hotel London Tower Bridge.
Saudi Arabia: Luxury hospitality company Cheval Collection has signed an agreement with developer Ladun Investment Company for Cheval Ladun Living in Riyadh.
Estonia: Tech-powered hospitality operator Bob W has opened its fourth aparthotel in Tallinn, located in the city’s Arter Quarter.
UK: Developer Canary Wharf Group (CWG) has secured £553 million of financing, including an £80 million loan for two serviced apartment projects along West Lane.
Germany: Developer GBI Group has broke ground on its latest SMARTments connect project, located in Bielefeld.
UK: Serviced apartment operator Mansley has achieved Green Tourism Gold accreditation across its portfolio.