
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 Germany: Homelike, an online platform for mid- to long-stay accommodation, has ceased operations with immediate effect.Â
Reading Time: < 1 minute Europe: Tech-led serviced apartment operator Bob W has appointed Philip Ward as an independent non-executive director to its board.
Reading Time: < 1 minute Worldwide: Entries for the 10th annual Serviced Apartment Awards have been extended by 10 days to Wednesday 2nd April 23:59 BST.Â
Reading Time: < 1 minute US: Luxury serviced apartment provider BP Stays has partnered with hospitality cloud platform Mews to streamline operations and support the company’s growth across New York and New Jersey.
Reading Time: < 1 minute Saudi Arabia: Serviced apartment and hotel provider Frasers Hospitality has named Hazem El Bahnasy as general manager of Fraser Suites Riyadh.Â
Reading Time: 2 minutes India: Serviced accommodation agent Synergy Global Housing has appointed Manpreet Dhami to oversee the company’s international operations.
Reading Time: < 1 minute US: Luxury lifestyle hospitality group Rosewood Hotels & Resorts has opened its first standalone residential offering with the launch of Rosewood Residences Beverly Hills.
Reading Time: < 1 minute UK: Lifestyle aparthotel platform AENDRE has expanded its team with the appointment of a creative director and senior associate in acquisitions.Â
Reading Time: < 1 minute UK: Third-party operator RBH Hospitality Management has been appointed to manage the Aparthotel Adagio London Sutton Point.Â
Reading Time: < 1 minute SAN speaks exclusively to David Whelan, CEO of Urban Rest, about the motivating reasons for launching its mid-stay BTR offer Urban+ and what challenges it seeks to address.