Guesty secures $130 million in Series F funding and targets IPO
Israel / US: Property management software platform Guesty has raised $130 million in a Series F funding round.
Israel / US: Property management software platform Guesty has raised $130 million in a Series F funding round.
Worldwide: Door-to-door luggage shipping company luggagecloud is expanding its reach into the serviced apartment sector.
US: Flexible apartment living membership company Landing has acquired tech-enabled flexible housing operator Barsala in a $30 million transaction.
The Netherlands: Amsterdam-based hospitality cloud Mews has become a unicorn, valued at $1.2 billion following its latest funding round of $110 million from existing and new investors.
UAE: Five-star property Marriott Executive Apartments, Dubai Creek has partnered with mobile F&B ordering platform IRIS to support in-room dining.
US: Extended-stay hotel franchisor My Place Hotels of America has partnered with Grubhub, an online and mobile food ordering and delivery platform.
UK: Business travel management platform TravelPerk has closed an additional $104 million funding led by SoftBank Vision Fund 2.
Worldwide: Technology and business consultancy BJSS has partnered with extended stay accommodation agency Situ to launch Xenia, an automated booking platform.
APAC/EU: Operator Frasers Hospitality has partnered with fintech platform Adyen to power payments across the group’s portfolio in Singapore, Malaysia, Australia and Europe.
UK: Global corporate accommodation platform AltoVita has unveiled its new free-to-use EcoStats tool to accurately estimate the CO2 emissions for each night’s stay in
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..
US: The 2024 First Quarter US Extended-Stay Hotels Report, published by The Highland Group, reveals a decline in RevPAR for the first time in three years.
Sean Wewer, Homelike’s country manager – DACH and Italy, shares some insights on the rise of coliving and what this means for serviced apartment providers.
Australia / New Zealand: Urban Rest, a provider of flexible alternative accommodations serving the corporate market, has announced its acquisition of New Zealand counterpart The Urban Butler, effective from …
US: The 410-room dual-branded Courtyard New Orleans and SpringHill Suites New Orleans Warehouse Arts District has been sold for $73 million.
Germany: Digital hospitality platform NUMA Group has established its brand advisory board, aimed at “accelerating growth” for the company.
Turkey: Accor’s premium brand Mövenpick has opened its Living Istanbul Saklivadi property in the city’s shopping district of Vadistanbul.
UK: The shortlists for this year’s Serviced Apartment Awards have been revealed ahead of the awards ceremony on 23 May at Leonardo Royal Hotel London Tower Bridge.