The Queens Hotel & Spa in Bournemouth has been acquired by Birmingham-based asset management company Switch Management Ltd, which currently manages a number of premium hospitality assets across the Midlands including ASAP Member aparthotel Birmingham….
News and Views
As traditional hotels in hotspot tourist destinations end to be expensive, short-term rentals have boomed in city centres across Europe, putting pressure on the local housing market and displacing residents…
Private equity firm Terra Firma Capital Partners is considering a bid for Hotel Du Vin and Malmaison, which would add to a list of British assets acquired by the firm…
Airbnb now requires that guests see the total cost of their stay – including all fees before taxes – directly in search results, making pricing clear and upfront. All mandatory…
According to a new report by Grand View Research, Inc., the American serviced apartment market size is expected to reach USD 44.03 billion by 2033, driven by strong corporate and…
According to new analysis of ONS figures by trade body UKHospitality, of the 164,641 jobs lost nationwide since the last Budget, 88,964 were in hospitality – that’s 53% of total…
Radisson Hotel Group has signed flagship new-build property on Montenegro’s Adriatic coast: Radisson Blu Hotel & Residences, Tivat. This will introduce the brand’s first coastal presence in the country, and…
Residents in Dubai opting for co-living rental options are now finding landlords are giving them Dubai Municipality’s ‘minimum space’ of 5 square metres of space to each tenant. Landlords are…
According to industry data specialist Lodging Econometrics, the scale of hotel development globally has reached a “record high”, with nearly 16,000 new properties in the pipeline, adding nearly 2.5 million…
As part of ASAP Operator Member The Ascott Limited (Ascott)’s multi-typology brand strategy, the group is extending its Citadines, lyf, Oakwood, and other brands into resort destinations – blending the…