Rapid growth of extended-stay hotel sector: SACO to open six new properties by 2020
UK: SACO has announced a major expansion of its operated portfolio of serviced apartments and aparthotels which will see it double in size. The company [...]
Big Hotel Chains Ditch Full-Service Properties in Favor of the Light-Touch Approach
SKIFT TAKE The growth of select-service brands from the major hotel companies isn’t slowing down at all, and for good reason: They’re easier to finance, [...]
The UK’s serviced apartment sector recorded higher occupancy levels (81%) than the hotel sector (77.2%)
UK: STR and ASAP statistics have revealed full year occupancy of 81 per cent for the UK serviced apartment sector in 2016. 2016 sectored performance [...]
MasterKey Alliance launches MyKey booking engine: compare hotels with vetted serviced apartments and furnished homes
MasterKey Alliance launches MyKey booking engine: compare hotels with vetted serviced apartments and furnished homes. The company says MyKey "reinvents how the world books and [...]
US corporate housing player launches in the UK
UK: National Corporate Housing, one of America’s largest temporary furnished accommodation specialists, has launched operations in the UK. The company says it has around £20 [...]
From backpackers to hotel chain, new hotel brand Veriu launches in Sydney
Between Airbnb and traditional serviced apartments, there is a gap of hotel accommodation that is starting to catch on, and long-stay furnished apartment business Furnished [...]
Communal living rooms being tested by Marriott’s Brand Element Hotels
Coming to Element Hotels: Communal living rooms from USA TODAY LOS ANGELES — Four months after merging with Starwood Hotels and Resorts, Marriott International is starting [...]
Global hospitality insights: top thoughts for 2017
EY presents this year’s edition of Global hospitality insights. It offers our top 10 thoughts for 2017. In Brexit’s wake: Hospitality and leisure update Assuming the [...]
STR Research shows hotel, Airbnb performance differences
By STR Global Hotel performance continued to show strength while more hosts than ever were renting their residences on Airbnb, according to STR and Airbnb [...]
Ascott signs six Chinese properties – set to open more than 30 properties worldwide this year
China: Ascott has signed contracts to manage six properties with more than 1,200 units in China. The new properties are in Changsha, Shenzhen, Tianjin and [...]