Showing Results for tag: Residence

ART recognised for sustainability leadership

News Story / 15 October 2021

Singapore: Ascott Residence Trust (ART) has been recognised for its "outstanding leadership in sustainability" in the 2021 Global Real Estate Sustainability Benchmark (GRESB).

Ascott Residence Trust acquires Texas PBSA asset

News Story / 10 September 2021

US: Ascott Residence Trust (ART) will acquire a freehold 1,005-bed student accommodation asset in Texas, USA for US$70.0 million, its third PBSA investment within seven months.

Ascott takes full ownership of Quest

News Story / 09 September 2021

Australia: The Ascott Ltd has secured full ownership of Quest Apartment Hotels after acquiring founder Paul Constantinou’s remaining 20 per cent stake for an undisclosed sum.

Residence Inn to make Turkish debut next month

News Story / 24 August 2021

Turkey: Marriott will open its first Residence Inn extended hotel in Turkey next month with the debut of the Residence Inn by Marriott Istanbul Atasehir.

Mondrian Residences' Australian debut breaks sales records

News Story / 21 July 2021

Australia: Mondrian Residences Gold Coast, the first Mondrian Residences outside of North America, has broken sales records after developers Vitale Property Group sold more than AUD$231 million worth of apartments in six months.

Birmingham aparthotel site for sale

News Story / 06 July 2021

UK: An office block, which is set to be transformed into an aparthotel, has been listed for sale in Birmingham.

Delaware extended stay hotel changes hands

News Story / 24 May 2021

US: Savills has represented Bethany Boardwalk Group and Bethany Beach Ocean Inn, in the sale of the 112-room Bethany Beach Ocean Suites Residence Inn.

Cycas opens two extended stay hotels in a day

News Story / 06 May 2021

Netherlands/Belgium: Cycas Hospitality has opened two extended stay properties in two neighbouring Benelux countries with two global hotel groups, on the same day.

Residence Inn opens in Sedona

News Story / 20 April 2021

US: A 90-suite Residence Inn by Marriott hotel in Sedona, Arizona has opened for business.

Miami Residence Inn property sold for $31 million

News Story / 29 March 2021

US: HHLP Coconut Grove Associates LLC, an affiliate of Philadelphia-based Hersha Hospitality Management, has sold the Residence Inn Miami Coconut Grove for $31 million.

Extended stay pioneer Jack DeBoer dies at 90

News Story / 14 March 2021

US: Jack DeBoer, the extended stay pioneer who founded the Residence Inn, Summerfield Suites, Candlewood Suites, Value Place and WaterWalk, has died after a lengthy battle with cancer.

Marriott boosts extended stay portfolios

News Story / 09 March 2021

US: Marriott Bonvoy's portfolio of longer stay brands – Element Hotels, Residence Inn by Marriott, and TownePlace Suites by Marriott – has announced a selection of new openings and offerings.

Oakwood adds Bangkok property

News Story / 02 March 2021

Thailand: Oakwood has announced the opening date of its seventh property in Thailand, and fourth in the Bangkok, Oakwood Hotel & Residence Bangkok.

Refinancing secured for Chicago extended stay hotel

News Story / 23 February 2021

US: Prime LaSalle/Madison Partners LLC (PLMP), the owner of the 381-key Residence Inn Chicago Downtown/Loop has closed on $141 million of new senior and mezzanine loan financing for the hotel.

Frasers opens Chengdu apartments

News Story / 30 December 2020

China: Fraser Residence Chengdu has opened its doors, in the city’s Forte Financial Island Complex.

Ascott launches Work in Residence programme

News Story / 13 August 2020

Singapore: Ascott has launched its Work in Residence initiative at participating properties worldwide, transforming selected apartments into work suites.

ART sells Guangzhou and Paris properties

News Story / 27 July 2020

Singapore: Ascott Residence Trust has entered into two conditional agreements to divest Ascott Guangzhou and Citadines Didot Montparnasse Paris.

JFK Residence Inn nears completion

News Story / 07 July 2020

US: A Residence Inn by Marriott in Queens, designed by Gene Kaufman Architect, is close to completing construction.

Egypt set for branded residence boost

News Story / 11 June 2020

Egypt: A raft of international brands are planning to expand in the Egyptian branded residential sector, joining the likes of Four Seasons, Safir, Hilton and InterContinental.

HVMG to manage Texas Residence Inn property

News Story / 27 May 2020

US: Hospitality Ventures Management Group (HVMG) has been awarded a management contract for the 104-room Residence Inn by Marriott Waco/South in Texas.

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