Reading Time: 4 minutes Short Term Rentalz editor Paul Stevens comments on the potential impact of Uber’s rumoured acquisition of Expedia.Â
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.
Reading Time: 2 minutes Worldwide: Business travel platform TravelPerk has raised $200 million in Series E funding, valuing the company at $2.7 billion.
Reading Time: 3 minutes US: OpenAI has unveiled one of its first AI agents called Operator, a system that can use its own browser to make travel reservations, fill out forms, order groceries and even create memes.
Reading Time: 2 minutes Worldwide: The Ascott Limited, the lodging business unit wholly owned by CapitaLand Investment, signed 16 Oakwood properties in 2024, representing a 30 per cent increase over the previous year.
Reading Time: < 1 minute Europe: 37 aparthotels directly managed by Adagio have been awarded Green Key certification.
Reading Time: < 1 minute Europe: Alastair Thomann has been appointed CEO of serviced apartment and aparthotel group edyn, effective immediately, replacing Daniel Carre-Bishop, interim CEO who will now continue in his role as CFO.
Reading Time: < 1 minute Europe: Serviced apartment operator lime home signed 3,000 apartments in 2024, taking the group’s total contracted units to 9,000.
Reading Time: 2 minutes UK: Real estate finance provider Maslow Capital has provided a £64.2 million facility to developer Forshaw Land & Property Group for its Vivere Residence project in Manchester.Â
Reading Time: < 1 minute Luxembourg: Aparthotel brand Adagio and developer CODIC Group are set to launch a property in the BOTANICA – Your Office Resort business district in Luxembourg.Â
Reading Time: 21 minutes Worldwide: IHM’s editorial team (George Sell, editor-in-chief; Paul Stevens, editor – short-term rentals; and Eloise Hanson, editor – hospitality) provides a glimpse into 2025 trends for the travel, hospitality and real estate sectors.
Reading Time: < 1 minute US: Destination services and temporary living provider Dwellworks has acquired the US destination services and rental home-finding operations of CORT.