Ascott announces plans for major MENA expansion
George Sell
9 May 2024
Reading Time: < 1 minute UAE: The Ascott Limited has unveiled ambitious expansion plans to grow its portfolio in the MENA region.
Ascott debuts Citadines in North India
Eloise Hanson
9 April 2024
Reading Time: 2 minutes India: The Ascott Limited, the lodging business owned by CapitaLand Investment Limited, in partnership with developer Paras Buildtech, have opened a Citadines aparthotel in Gurugram, India.
Ascott appoints regional director of business development
Isha Borkar
26 May 2023
Reading Time: 2 minutes UAE: International lodging owner and operator, The Ascott Limited (Ascott), has appointed Pekka Hirvi as the director of business development for the Middle East, Africa and Turkey.
Ascott targets 10,000 EMEA units by 2025
George Sell
27 January 2022
Reading Time: < 1 minute UAE: Ascott is on track to achieve its regional target of adding 6,000 units to its Middle East, Africa, and Turkey portfolio, to reach a total of 10,000 units by 2025.
Purple and Ascott partner for Lagos aparthotel
George Sell
26 October 2021
Reading Time: 2 minutes Nigeria: Developer Purple and Ascott have announced a strategic partnership that will deliver what is claimed to be Nigeria’s first
The July reveals summer 2025 opening for London Victoria site
Reading Time: < 1 minute UK: Lifestyle aparthotel brand The July will open its first international property in London Victoria, scheduled to launch in July 2025.
Staycity acquires majority stake in Felix Group
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).
Apaleo secures €20 million in Series B funding round
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.
Urban Rest expands in the UK with East London opening
Reading Time: < 1 minute UK: Flexible living operator Urban Rest has opened the first phase of its Hackney serviced apartment property in East London.
limehome plans to convert 3,000 apartments over next two years
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.
ASAP gears up for Annual Conference later this month
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.
LivAway Suites opens second US location in Washington
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.
AWH Partners expands in Colorado with dual-branded acquisition
Reading Time: < 1 minute US: Investment firm AWH Partners has acquired the dual-branded Residence Inn and Fairfield Inn & Suites, located in Broomfield, Colorado.
Forenom appoints country director for Sweden
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.
SilverDoor promotes Neale to chief supply officer
Reading Time: < 1 minute Worldwide: Serviced apartment provider SilverDoor has promoted Alex Neale from SVP partner relationships to chief supply officer, effective immediately.