Blueground secures $45m in Series D funding round
US: Furnished flexible rental operator Blueground has announced that it has raised $45 million in a Series D funding round to continue
US: Furnished flexible rental operator Blueground has announced that it has raised $45 million in a Series D funding round to continue
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.
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.
US: Furnished rental operator Blueground has announced the acquisition of monthly furnished housing provider Nestpick, its third purchase in the last 12 months.
USA: LivAway Suites has expanded its extended stay lodging in West Jordan, Utah at 7372 South Campus View Drive.
USA: The planning commission has approved a zoning request for the construction of a proposed Marriott TownePlace Suites extended-stay hotel in Painesville, Ohio.
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.
Extended Stay America has entered into an agreement with Bask Development for eight new Premier Suites in Florida.
USA: Red Roof will open 50 new properties in 2023, which will represent 60 percent year-on-year growth.
Worldwide: The Ascott Limited says that it is on track to reach 160,000 keys by the end of this year. Read more on SAN.
UK: The shortlists for this year’s Serviced Apartment Awards have been revealed ahead of the awards ceremony on 23 May at Leonardo Royal Hotel London Tower Bridge.
Saudi Arabia: Luxury hospitality company Cheval Collection has signed an agreement with developer Ladun Investment Company for Cheval Ladun Living in Riyadh.
Estonia: Tech-powered hospitality operator Bob W has opened its fourth aparthotel in Tallinn, located in the city’s Arter Quarter.
UK: Developer Canary Wharf Group (CWG) has secured £553 million of financing, including an £80 million loan for two serviced apartment projects along West Lane.
Germany: Developer GBI Group has broke ground on its latest SMARTments connect project, located in Bielefeld.
UK: Serviced apartment operator Mansley has achieved Green Tourism Gold accreditation across its portfolio.
EU: Technology-based apartment operator limehome has signed 800 units in Q1 2024, growing its portfolio by almost 14 per cent to 6,800 apartments.
UK: International Hospitality Media (IHM), a leading publisher and event organiser in the hospitality and real estate sectors, has announced major expansion and improvement to its flagship Urban Living Festival event.
SAN editor Eloise Hanson speaks to Mark Lewis, CEO of HotelREZ, about distribution strategies, capturing business travel, and importance of smart phones, AI and personalisation in the guest journey. They also talk about sci-fi books, Abba Voyage, and opening an animal sanctuary.
US: The 30-acre apartment home development Ariva Luxury Residences in Las Vegas has launched a collection of extended stay apartments called Ariva Serviced Residences.