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Ascott announces plans for major MENA expansion

Serviced Apartments

Aligning with its target of 10,000 units by 2025, Ascott will introduce more than 5,500 new units with a focus on the UAE and Saudi Arabia. The company will also debut living concepts under brands such as lyf, The Crest Collection, The Unlimited Collection, Oakwood, and Oakwood Premiere to cater to diverse travel preferences.

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Ascott announces plans major MENA expansion

Serviced Apartments

Aligning with its target of 10,000 units by 2025, Ascott will introduce more than 5,500 new units with a focus on the UAE and Saudi Arabia. The company will also debut living concepts under brands such as lyf, The Crest Collection, The Unlimited Collection, Oakwood, and Oakwood Premiere to cater to diverse travel preferences.

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Thompson Hotels to debut in Italy next year

Boutique Hotel News

A third hotel in Vienna is slated to join the portfolio in 2025. said: “We are delighted to expand our relationship with Hyatt in this sought-after market with the debut of the Thompson Hotels brand in Italy. Expected to open by mid-2024, Thompson Rome will mark the brad’s second property in Europe joining Thompson Madrid.

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Hilton signs Home2 Suites Dublin

Serviced Apartments

UK: Hospitality company Hilton Hotels & Resorts has signed a franchise agreement with developer JMK Group to launch Home2 Suites by Hilton Dublin City Centre in 2025. The property will feature 290 rooms, including 214 king studio suites and 76 one-bedroom suites.

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IHG signs nine more hotels across UK&I

Hotel Owner

According to the group, Voco is its fastest-growing premium brand, which has a number of new hotels set to welcome guests throughout 2024 and 2025. The agreements include the first Voco Hotel in Belfast, Northern Ireland, which is set to open its door to the public later this year.

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Native Places launches The Apartment Collection

Hotel Owner

She added: “We also recognise that the competitive nature of the current London housing market can be challenging and so being able to offer flexible long-stay apartments gives those a chance to discover more options to cater for what they are looking for, at a more affordable price than a hotel or renting.”

Catering 101
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Sailing through the storm: Hotels and hospitality

Boutique Hotel News

The focus of the event, Sailing through the storm, involved six short presentations providing a state-of-the-market snapshot of debt finance, equity investor sentiment, valuations, operations, brand, and the distribution landscape. Combined, this means the senior lending market isn’t as competitive as it once was.

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