Articles tagged “serviced apartments”

Hotels

Hilton Teases a Long-Stay Apartment Hotel Brand to Debut Soon

Prepare for Hilton to launch a long-stay apartment hotel brand. It's yet another move down into a more affordable segment by the operator.

Hilton Teases a Long-Stay Apartment Hotel Brand to Debut Soon

Hotels

Marriott Execs Say Blended Travel Here to Stay With New Product Opportunities

Marriott executives believe that the rise of mixed business and leisure trips poses challenges for tracking guest behavior. But the trend also creates opportunities to offer new products.

Marriott Execs Say Blended Travel Here to Stay With New Product Opportunities

Hotels

New Marriott Apartment Brand Bets on Blended Leisure and Business Travel

Marriott International is debuting an extended-stay brand in the U.S. and Canada. Why buy a startup like Placemakr or Limehome when you can build your own brand?

New Marriott Apartment Brand Bets on Blended Leisure and Business Travel

Hotels

Room2 Chain Carves Out ‘Hometels’ With Quirky, Design-Led Spaces

The rise of Airbnb has revealed consumer preferences to be more flexible than previously assumed. Independent hotel company Room2 is responding in the UK by innovating in brand standards. It has signed $110 million in new net-zero hotels.

Room2 Chain Carves Out ‘Hometels’ With Quirky, Design-Led Spaces

Business Travel

Lodging Startup Landing Raises $125 Million to Redefine Corporate Housing

So-called next-gen lodging platforms are doubling down on corporate needs, anything from remote work and relocations to extended projects, and even perks for personal use.

Lodging Startup Landing Raises $125 Million to Redefine Corporate Housing

Business Travel

IHG’s Crowne Plaza Wants to Shake Off Traditional Business Traveler Image

It’s a bold decision for a hotel brand to reposition itself when the world of work is on the cusp of change. If it's the wrong call, it loses sight of its core market and winning back once-loyal business travelers may take a while.

IHG’s Crowne Plaza Wants to Shake Off Traditional Business Traveler Image

News Blog

Singapore’s Ascott to Acquire Serviced Apartment Company Oakwood

Singapore-based Ascott is buying global serviced apartment provider Oakwood Worldwide from Mapletree Investments, increasing its global portfolio by 81 properties and about 15,000 units. Terms of the deal were not disclosed. The acquisition is set to be completed in the third quarter of 2022, after which 8,500 Oakwood operational units are expected to immediately contribute…

Business Travel

The Pandemic Changed the Serviced Apartments Industry Forever

A wave of agency closures and takeovers means those that are left need to ensure they're lean enough to compete with owner and operators.

The Pandemic Changed the Serviced Apartments Industry Forever

Online Travel

Startup Casai Buys Its Way Into Serviced Apartments in a Play for Brazilian Business Travel

The conventional wisdom in the U.S. and Europe has been that business travel will be slow to recover easing out of the pandemic and that emerging markets in Latin America, such as Brazil, will have a snail-like rebound, too. Travel startup Casai is gambling that both ideas are wrong.

Startup Casai Buys Its Way Into Serviced Apartments in a Play for Brazilian Business Travel

Business Travel

New Office Design Experiments for When the Remote Work Dream Fizzles

A new hospitality think tank wants commercial real estate firms to help it redesign offices, betting the remote work trend won't last.

New Office Design Experiments for When the Remote Work Dream Fizzles