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: Lifestyle aparthotel brand The July will open its first international property in London Victoria, scheduled to launch in July 2025.
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.