NUMA reaches €2 billion assets under management
Europe: Digital hospitality platform NUMA Group has grown its portfolio to 5,850 units in 32 and 14 countries, reaching a total €2 billion assets under management.
Europe: Digital hospitality platform NUMA Group has grown its portfolio to 5,850 units in 32 and 14 countries, reaching a total €2 billion assets under management.
Serviced Apartment News revisits 10 stories that defined 2023 for the global serviced apartment, extended-stay hotel, aparthotel and corporate housing sectors.
Germany / Netherlands: Digital hospitality platform NUMA Group has announced the acquisition of Dutch serviced apartment platform YAYS from Proprium Capital Partners.
Europe: Serviced apartment provider YAYS has partnered with Katanox, a travel accommodation distribution and fintech platform.
Germany: Serviced apartment operator YAYS has expanded into Germany with a new project in Berlin, developed by real estate partner Caprate.
UK: Operators, developers, investors and service providers from across the hospitality and real estate industries connected at the Urban Living Festival in Canary Wharf, London, to learn more about how we stay, live and work is shaping the future of the built environment.
The Netherlands: European serviced apartment operator YAYS has signed an aparthotel in Amsterdam-Noord in partnership with developer Ter Steege Bouw Vastgoed
Europe: Serviced apartment operator YAYS has plans to open its first location in Spain and Germany by 2024.
Portugal: IHM held its fifth annual RECHARGE event in Lisbon, hosted at coworking venue Heden Santa Apolónia.
THE NETHERLANDS: YAYS Group, a leading serviced apartment operator in Europe is to expand amid strong results.
US: Development and management company Brandt Hospitality Group has opened its first extended stay hotel in New York, the Home2 Suites by Hilton Poughkeepsie.
US: Tech-enabled hospitality and multifamily operator Placemakr has opened its 81-unit Navy Yard aparthotel in Washington DC.
Saudi Arabia: Baheej Tourism Development Company, a joint venture between ASFAR, the Saudi tourism investment company owned by PIF, and the Tamimi-AWN Alliance, has signed an agreement with operator Kerten Hospitality for its premium Cloud7 brand in Yanbu.
UK: Management company Switch Hospitality has completed the redevelopment of its aparthotel Birmingham with the addition of an on-site store.
UK: Eden Grove Developments Limited, the freeholder of The Coal Exchange Hotel in Cardiff, has appointed KEW Planning to redevelop the site and explore the addition of serviced apartments.
US: Choice Hotels’ midscale extended stay brand Everhome Suites has debuted in Nampa, Idaho, marking the third opening for the brand.
US: The independently owned and operated Shorehouse Hotel, located in Buena Vista, Colorado, has opened.
UAE: The Ascott Limited has unveiled ambitious expansion plans to grow its portfolio in the MENA region.
UK: Property management and development company The Nurtur Group will open its first serviced apartments offering in Preston, Lancashire, on 1st July.
UAE: Rotana has revealed its growing pipeline of planned openings in the Middle East, Africa and the UK..