Hospitality Net
NOVEMBER 13, 2024
Langham Hospitality Group (LHG) and Artisan Hospitality, a joint venture led by a subsidiary of Singapore’s Oxley Holdings, are proud to announce the planned opening of The Langham, Kuala Lumpur in 2027.
Hospitality Net
AUGUST 28, 2024
Ennismore, the fastest-growing lifestyle and leisure hospitality company, and Alfasi Group, a design-driven property developer, are delighted to announce the signing of The Hoxton in Melbourne as part of the Matchworks Precinct located at 560 Church Street, Cremorne.
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Serviced Apartments
SEPTEMBER 6, 2024
Reading Time: < 1 minute India: Construction company Leighton Asia has secured a $87 million contract by property developer Elan Group for a mixed-use serviced apartment project in Gurgaon, India. Construction is expected to begin this month with a timeline for completion in Q4 2027.
Serviced Apartments
MARCH 14, 2023
Arica is a 380-unit freehold serviced apartment development, offering unit built-ups ranging from 947 sq ft to 1,259 square feet and priced from RM800,000. The project has a gross development value of RM400 million and is slated for completion in 2027.
Hotel Owner
JUNE 21, 2024
Andras House, a hospitality and property development company in Northern Ireland, has secured £7m funding from Ulster Bank for its new 83-bedroom Marcus Hotel Portrush. Chopstix aims to expand to 300 sites by 2027, driven by franchise growth. Aimbridge EMEA is a division of Aimbridge Hospitality, a global management leader.
Serviced Apartments
MAY 2, 2023
UK: Property developer Rightacres has revealed £25 million plans to transform an empty office scheme in Cardiff Bay into serviced and BTR apartments. The Cardiff-based company plans to repurpose the Scott Harbour scheme to provide 30 serviced apartments and 70 BTR properties.
Serviced Apartments
OCTOBER 31, 2024
. • Business rates for retail, hospitality and leisure properties There will be a permanently lower business rates multiplier f0r retail, hospitality and leisure [RHL] properties from 2026/2027. However, a SDLT surcharge hike from three per cent to five per cent for companies and second-property buyers may dampen demand.
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