Ascott announces plans for major MENA expansion
George Sell
9 May 2024
Reading Time: < 1 minute UAE: The Ascott Limited has unveiled ambitious expansion plans to grow its portfolio in the MENA region.
Ascott appoints regional director of business development
Isha Borkar
26 May 2023
Reading Time: 2 minutes UAE: International lodging owner and operator, The Ascott Limited (Ascott), has appointed Pekka Hirvi as the director of business development for the Middle East, Africa and Turkey.
Travel and hospitality helps earthquake victims in Turkey and Syria
Isha Borkar
14 February 2023
Reading Time: 5 minutes Turkey/Syria: The editorial team at IHM (publisher of Serviced Apartment News) highlight the charitable relief efforts of companies across the travel and hospitality landscape in response to the earthquakes in Turkey and Syria.
Bank of England cuts interest rates by quarter point
Reading Time: 3 minutes UK: The Bank of England has cut the cost of borrowing, reducing the base interest rate from 4.5 per cent to 4.25 per cent, a decision that stems from concerns about global economic uncertainties, particularly US trade tariffs.
Your Apartment expands in London with Camden site
Reading Time: < 1 minute UK: Serviced apartment brand Your Apartment has opened its latest London property, located in Camden.
Sydney aparthotel sold for coliving conversion in $31.5 million deal
Reading Time: < 1 minute Australia: BGO Strategic Capital Partners and Hotel Capital Partners have acquired the Sydney Potts Point Central Apartment Hotel for AUS$31.5 million.
Caliber signs 15 Hyatt Studios development deal across the US
Reading Time: 2 minutes US: Real estate investor, developer, and manager Caliber Hospitality Development has signed an agreement with Hyatt to develop 15 Hyatt Studios hotels across five states.
Branded residences to top 1,600 global projects by 2030
Reading Time: 2 minutes Worldwide: The sixth edition of Branded Residences: An Overview, an independent report by Graham Associates, provides the latest data and analysis on the global branded residences sector.
Cost pressures and fragmented carbon data hinders green travel
Reading Time: 2 minutes UK: A sustainability roundtable hosted by global serviced apartment agent SilverDoor found that fragmented carbon data and cost pressures are preventing businesses from meeting their travel sustainability targets.
Millennials and Gen Z want more business trips, CTM finds
Reading Time: 2 minutes Worldwide: Data from global business travel specialist Corporate Travel Management (CTM) shows that Millennials and Gen Z employees want to travel more for work and see business travel as a key driver of professional growth and job satisfaction.
The July to launch first UK aparthotel in London Victoria this June
Reading Time: 2 minutes UK: Amsterdam-based hospitality brand The July is set to open its first UK property this June, unveiling a 114-room aparthotel in London’s Victoria district.
“Father of corporate housing” Howard Ruby dies aged 90
Reading Time: 2 minutes US: Howard Ruby, founder of serviced apartment company Oakwood and widely regarded as the father of corporate housing, has died aged 90.
RMS and Right Revenue join forces
Reading Time: 2 minutes UK: Hospitality platform RMS has partnered with revenue management specialist Right Revenue to help short-term rentals, independent hotels, and serviced apartments boost profits through smarter pricing.Â