News and Press

8th EDITION OF GLOBAL SERVICED APARTMENT REPORT out now

  Latest edition of leading reference sector guide shows sector in good health Growth in supply, broadening distribution channels and brands targeting specific market segments are all covered in the eighth edition of the award-winning Global Serviced Apartments Industry Report (GSAIR), published by The Apartment Service. The new GSAIR estimates that worldwide serviced apartment supply …

Ascott shores up presence in Japan, opens first Citadines serviced residence in Osaka

The Ascott, the wholly-owned lodging business unit of property giant CapitaLand and a member of The TAS Alliance, has strengthened its toehold in Japan by opening its first Citadines serviced residence in Osaka. Located near Namba Station, Citadines Namba Osaka is set within the city’s popular entertainment and shopping district, and is surrounded by commercial …

New stayAPT Suites extended-stay brand plots rapid growth

A new extended-stay brand officially launched Jan. 23: stayAPT Suites. Led by industry veteran Gary DeLapp, the brand expects to launch its first 12 newly constructed hotels this year, with an additional 30 locations to follow in 2021. The new chain expects to build a portfolio of more than 100 corporate-owned hotels and more than …

ONYX Expands Its Shama Serviced Apartments Brand in Bangkok

Already a fast-expanding Asia-Pacific serviced apartments brand with two properties in two prime locations in Bangkok, Shama Serviced Apartments by ONYX Hospitality Group is doubling its neighborhood presence in the Thai capital by adding Phrom Phong and Yen Akat to its portfolio in 2020. The two new properties – Shama Sukhumvit 39 Bangkok and Shama …

Adagio boosts European pipeline

France: Aparthotels Adagio has announced several recent openings and new signings, including the Adagio Aparthotel Lille Centre Grand Place, Aparthotel Adagio Paris Nation, and new properties in Germany. 2019 has been described as “a year of tremendous growth in Europe for the Aparthotels Adagio portfolio”; with the announcement of several new aparthotels to begin construction. …

Sonesta ES Suites New Orleans Opening 30th December 2019

Sonesta International Hotels Corporation Enters 2020 with the Newest Extended Stay Property in New Orleans. NEWTON, Mass., Dec. 19, 2019 /PRNewswire/ — Sonesta ES Suites New Orleans is opening December 30th  and will begin welcoming its first guests just in time for the New Year. Designed to attract both business and leisure guests, Sonesta International Hotel …

Cheval Collection to re-open Kensington serviced apartments in 2020

Luxury serviced apartment brand Cheval Collection will re-open the Cheval Gloucester Park in February, following a multi-million pound refurbishment. The 98-key Kensington property has a mix of one-, two- and three-bed apartments, as well as three 232-sqm, five-bedroom penthouses on the upper floors. The interior of the building was completely gutted and rebuilt by architecture …

Accor to open Novotel and Aparthotel Adagio properties in Leicester

Accor is set to open two new properties in Leicester next month, under its Novotel and Aparthotel Adagio brands. The adjacent new-build properties are located within the city’s Great Central Square development, opposite Highcross Shopping Centre, and are scheduled to open on January 16, 2020. The 154-room Novotel Leicester is housed within a ten storey …

Adina Apartment Hotel Canberra – opening 2020

A contemporary design hotel with 132 apartments will form part of an exciting $300 million development by Capital Property Group, who are renowned for having transformed Canberra Airport into a modern masterpiece and for developing Canberra’s most remarkable new suburb, Denman Prospect. Two purpose-built buildings will set a new standard for the Capital in environmental …

Staycity launches two Wilde Aparthotels

Staycity Group has opened a new property under its Wilde Aparthotels brand in Berlin, with a further location due to launch in Edinburgh next month. Wilde Aparthotels by Staycity, Berlin, Checkpoint Charlie (pictured) is the second property for the brand and the group’s first in Germany. Featuring 48 apartments, the development is part of a …