News Articles

Keep up-to-date with what's happening within the sector



1589 Hotels moves in to serviced apartment market

Posted on Thursday, November 23 2017

1589 Hotels, part of Clarks Hotel Group, has announced a major expansion plan which includes its first serviced apartments.

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Cristal Group adds to Saudi serviced apartment portfolio

Posted on Monday, November 20 2017

Cristal Group has entered into a management agreement with Bayat Company for Hotel Services to operate Bayat Suites by Cristal.

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Event review: Serviced Apartment Summit Middle East 2017

Posted on Thursday, November 16 2017

More than 150 international delegates attended the third annual Serviced Apartment Summit MEA in Dubai this week.

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Ascott to open its first serviced apartments in Cambodia

Posted on Thursday, November 9 2017

The Ascott Limited will open the CASA Meridian Residence, in Phnom Penh’s residential and retail hub Koh Pich.

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Oaks to make Qatar debut

Posted on Thursday, November 9 2017

Oaks Hotels & Resorts will make its debut in Qatar with Oaks Al Najada Doha, which is set to open in April 2018.

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Accor signs deal for first Adagio property in Africa

Posted on Thursday, November 9 2017

AccorHotels has signed a management agreement for a combined 200-room Novotel and 110-apartment Adagio complex in Abidjan.

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Frasers on course to double Chinese portfolio

Posted on Monday, November 6 2017

Frasers Hospitality has announced it is on track to double its number of properties under management.

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Ascott and Riverside’s Beijing flagship development opens its doors

Posted on Thursday, November 2 2017

Ascott Riverside Garden Beijing, the flagship partnership project between The Ascott Limited and Riverside Group, has opened.

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Xiaozhu raises $120 million in funding round

Posted on Thursday, November 2 2017

Short-term rental platform Xiaozhu.com has raised $120 million in a funding round led by Jack Ma’s Yunfeng Capital.

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Ascott signs contracts for two Singapore Citadines properties

Posted on Monday, October 30 2017

Ascott has secured contracts to manage two properties in Singapore’s Central Business District (CBD), near the Ophir-Rochor Corridor.

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