News Articles

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



Ascott maps out Saudi expansion

Posted on Thursday, September 7 2017

The Ascott Limited plans to expand in Saudi Arabia with 20 new serviced apartment properties in the kingdom by 2020.

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Ascott announces Jakarta serviced apartment investment

Posted on Wednesday, September 6 2017

Ascott has announced plans for a S$74.3 million 192-unit serviced residence in Jakarta.

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Nakheel to launch serviced apartment projects at Cityscape

Posted on Monday, September 4 2017

Dubai developer Nakheel Properties is set to launch AED3.2 billion ($871 million) of new properties at the Cityscape Global exhibition next week.

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Marriott signs agreement for Residence Inn in Dubai

Posted on Monday, September 4 2017

Marriott International has signed an agreement with Khamas Group of Investment LLC to open two hotels in Dubai’s Jumeirah Village Circle development.

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Nairobi mixed-use project to include 147 serviced apartments

Posted on Monday, September 4 2017

Work is due to start on The Montave, one of the most ambitious construction projects in Kenya.

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Wyndham opens world’s largest Tryp property in Dubai

Posted on Monday, September 4 2017

Wyndham Worldwide has opened Tryp by Wyndham Dubai in the emirate’s Barsha Heights neighbourhood.

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Frasers freshens up Modena brand

Posted on Wednesday, August 30 2017

Frasers Hospitality has announced it is refreshing its Modena brand “as part of its commitment to meeting the evolving needs of travellers" through in…

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Greenland looks to serviced apartment “bright spot” as earnings flatten

Posted on Wednesday, August 30 2017

Shanghai-based Greenland Holdings, China’s fourth-largest developer, has reported flat earnings for the first half of this year.

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Britam to increase focus on serviced apartments after profits fall

Posted on Monday, August 28 2017

Insurance firm Britam Holdings is to ramp up activity in the serviced apartment sector.

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Ming Wuoy Group moves in to aparthotel sector

Posted on Tuesday, August 22 2017

Local conglomerate Ming Wuoy Group has opened its One Residence aparthotel in Phnom Penh.

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