Reading Time: 6 minutes Serviced Apartment News revisits 10 stories that defined 2023 for the global serviced apartment, extended-stay hotel, aparthotel and corporate housing sectors.
Reading Time: < 1 minute US: Ratings agency Fitch has assigned first-time ratings to Wyndham Hotels & Resorts, including a Long-Term Issuer Default Rating (IDR) of BB+.
Reading Time: < 1 minute USA: Wyndham Hotels and Resorts has announced the expansion of ECHO Suites Extended StaySM by Wyndham brand which now has more than 200 hotels in its development pipeline.
Reading Time: < 1 minute UK/US: Serviced Apartment News has teamed up with Wyndham Hotels & Resorts to publish a white paper about the economy extended sty sector.
Reading Time: 2 minutes US: Wyndham Hotels & Resorts has signed the first 50 properties for its new economy extended stay hotel brand, currently known as “Economy Hotel Opportunity” or ECHO.
Reading Time: < 1 minute US: Hotel management and investment company Highgate has launched Highgate Select, a new division focused on the management and development of select service, limited service and extended stay hotels.
Reading Time: < 1 minute US: Wyndham Hotels & Resorts is to launch the company’s first extended stay brand in the economy segment later this year.
Reading Time: < 1 minute UK: Real estate investment firm and asset manager DTZ Investors has acquired the Staycity Aparthotels Edinburgh property for £12 million.
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.