Industry News
CWG secures £80 million for two serviced apartment projects
UK: Developer Canary Wharf Group (CWG) has secured £553 million of financing, including an £80 million loan for two serviced apartment projects along West Lane.
UK: Developer Canary Wharf Group (CWG) has secured £553 million of financing, including an £80 million loan for two serviced apartment projects along West Lane.
Lifestyle extended stay brands will grow in popularity and help to cement serviced apartments and aparthotels within mainstream hospitality.
The popularity of the dual brand, extended stay hotel development is on the rise, with Marriott taking the concept to China.