Reading Time: < 1 minute US: Alternative asset manager Noble Investment Group has acquired 16 WoodSpring Suites through two portfolio transactions.
Reading Time: 2 minutes US: Choice Hotels has opened its 500th extended stay property, an Everhome Suites in Glendale, Arizona.
Reading Time: < 1 minute Worldwide: In its latest business update, hotel franchisor Choice Hotels has revealed that the company grew its extended stay segment by 50 per cent during the first half of 2023.
Reading Time: < 1 minute USA: WoodSpring Suites, the new-build extended-stay brand from Choice Hotels, has opened six hotels during the month of May with 300 in the pipeline across the US.
Reading Time: 2 minutes US: Choice Hotels International has signed an agreement with Noble Investment Group to develop nine WoodSpring Suites.
Reading Time: 15 minutes Worldwide: Drawing from the knowledge gained by publishing four sector-leading b2b websites, the editorial team at International Hospitality Media [ IHM ] has created a list of 20 influential leaders across travel, hospitality and real estate who they believe have a big 12 months ahead of them.
Reading Time: 2 minutes US: Choice Hotels International has is modernising and rebranding its Suburban Extended Stay franchise brand as a low-cost, flexible conversion model called Suburban Studios.
Reading Time: < 1 minute US: Sandpiper Lodging Trust (SLT) has acquired a new-build WoodSpring Suites extended stay hotel in Tampa, Florida.
Reading Time: < 1 minute The collaboration of two of the biggest global investment firms – Blackstone and Starwood Capital – has given the already healthy extended stay sector a further shot in the arm.
Reading Time: < 1 minute US: Blackstone and Starwood Capital Group are partnering to acquire 111 WoodSpring Suites-branded hotels from Brookfield Asset Management.
Reading Time: < 1 minute SAN reporter Claudia Schergna chats with Siew Kim Beh, chief financial and sustainability officer of CapitaLand Investment and managing director for Japan and Korea at The Ascott Limited, about how the lines between hotels, extended stays and aparthotels are blurring, accessibility, sustainability commitments and more.
Reading Time: 2 minutes Middle East: Airlines are suspending services to the Middle East as rising conflict continues to disrupt key air corridors in the region.
Reading Time: 2 minutes Kenya: CityBlue Hotels has opened its luxury beachfront property Kilua Residences in Mombasa, which caters to both short and long-term stays.
Reading Time: 2 minutes UK: Scottish property-letting company Eren Properties Scotland Limited has submitted plans to demolish a vacant warehouse at 254 Leith Walk, Edinburgh, and build an 11-unit aparthotel with a total of 28 bedrooms.
Reading Time: < 1 minute US: Real estate firm Noble Investment Group has appointed two directors of asset management across its extended stay and upscale select-service platforms.
Reading Time: < 1 minute Ukraine: TULIP Hotels & Residences, part of Louvre Hotels Group, has opened its first aparthotel in Ukraine located in Lviv.
Reading Time: 2 minutes Worldwide: Serviced apartment agent SilverDoor has reported an increase in demand from corporate travel and relocation clients for carbon emission data, following the launch of its Carbon Calculator in November 2023.
Reading Time: < 1 minute US: Property management system RMS has launched an upgraded version of its booking engine, introducing features aimed at simplifying the reservation process for both guests and accommodation providers.
Reading Time: < 1 minute Australia: Hyatt will launch its first House-branded extended stay hotel in Australia with a location in South Melbourne, set to open for arrivals on 1 July 2025.
Reading Time: < 1 minute UK: A collection of serviced apartments called Station Suites is set to open in central Middlesbrough this June under operation of RBH Hospitality Management.