Sonder trims portfolio and announces $10m financing
Reading Time: 2 minutes US: Short-term rental apartment management company Sonder has announced significant reduction in its portfolio and a $10 million financing to “improve the
Reading Time: 2 minutes US: Short-term rental apartment management company Sonder has announced significant reduction in its portfolio and a $10 million financing to “improve the
Reading Time: 2 minutes US: Furnished flexible rental operator Blueground has announced that it has raised $45 million in a Series D funding round to continue
Reading Time: 2 minutes US: Hospitality company Sonder is set to make 106 corporate employees redundant, accounting for 17 per cent of the company’s overall workforce by the end of March.
Reading Time: 2 minutes USA: Extended-stay hotel brand, My Place Hotels, and real estate development and investment firm, Rimrock Companies, have entered into a two-phase franchise and development agreement for 10 extended-stay hotels across southern America.
Reading Time: 2 minutes US: Furnished rental operator Blueground has announced the acquisition of monthly furnished housing provider Nestpick, its third purchase in the last 12 months.
Reading Time: < 1 minute USA: LivAway Suites has expanded its extended stay lodging in West Jordan, Utah at 7372 South Campus View Drive.
Reading Time: < 1 minute USA: The planning commission has approved a zoning request for the construction of a proposed Marriott TownePlace Suites extended-stay hotel in Painesville, Ohio.
Reading Time: < 1 minute USA: The Eighteen by Locale will be a boutique apartment hotel that is set to open in the Five Points neighborhood located at 18 Mcferrin Ave in east Nashville this April.
Reading Time: < 1 minute Extended Stay America has entered into an agreement with Bask Development for eight new Premier Suites in Florida.
Reading Time: < 1 minute USA: Red Roof will open 50 new properties in 2023, which will represent 60 percent year-on-year growth.
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.
Reading Time: < 1 minute US: Serviced apartment agent Synergy Global Housing has made a series of executive appointments as well as promotions within its leadership team.Â
Reading Time: < 1 minute US: Hotel franchisor Wyndham Hotels & Resorts, in partnership with residential hospitality management company Reside, have opened two Washington DC properties.Â
Reading Time: 2 minutes London-based investment firm Valpre Capital has acquired an office building in Athens for conversion into an aparthotel.
Reading Time: < 1 minute US: Extended stay brand LivAway Suites and real estate investment firm West77 Partners have begun construction on its first hotel in Texas.Â