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: 2 minutes Germany: Dublin-based aparthotel operator Staycity Group has acquired a majority stake in the Felix Group, owned by Munich-based real estate developer Denkmalneu Group (DMN).
Reading Time: 2 minutes Germany: API-first open property management platform Apaleo has announced that it has raised €20 million in a growth equity investment [Series B funding] round.
Reading Time: < 1 minute UK: Flexible living operator Urban Rest has opened the first phase of its Hackney serviced apartment property in East London.
Reading Time: 2 minutes Europe: Tech-enabled serviced apartment operator limehome is planning to convert 3,000 apartments from office and retail space over the next two years.
Reading Time: < 1 minute UK: The Association of Serviced Apartment Providers (ASAP), a trade body for the serviced apartment sector, will host its annual conference on Thursday 28 November 2024 in London.
Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has opened its second property in the United States, located in the Tri-Cities area of Washington.
Reading Time: < 1 minute US: Investment firm AWH Partners has acquired the dual-branded Residence Inn and Fairfield Inn & Suites, located in Broomfield, Colorado.
Reading Time: < 1 minute Sweden: Corporate housing provider Forenom has appointed Erik Johnson as the group’s country director for Sweden, effective from the start of 2025.
Reading Time: < 1 minute Worldwide: Serviced apartment provider SilverDoor has promoted Alex Neale from SVP partner relationships to chief supply officer, effective immediately.
Reading Time: < 1 minute Europe: Montpellier-based aparthotel operator Appart’City has partnered with revenue management company IDeaS to support its portfolio of 90 properties.