Numa Accelerates its UK Conquest with New Strategic Openings in London and Edinburgh
The digitised Flexible Accommodation revolution continues its unstoppable march across Europe, and Numa Group is leading the way. The company has announced a strategic triple expansion in the UK, with new properties in the vibrant London boroughs of Camden and Victoria, and in the historic city of Edinburgh, consolidating its technology-driven hospitality model.
The Luxury Multiplier Effect: How Branded Residences Boost the Value of Mixed-Use Projects
Beyond glamour, branded residences are a strategic catalyst for the success of large urban projects. Their integration into mixed-use developments not only elevates prestige and accelerates sales, but generates a luxury ecosystem that benefits all components, from hotel to retail, redefining value in Flexible and Residential Accommodation.
Flexible Accommodation Consolidates Power in Summer: Holiday Apartments Lead Growth in July
The Flexible Accommodation sector has shown its strength at the peak of the summer, registering a remarkable growth of 3.8% in overnight stays in July. Driven by international demand and the boom in tourist flats, the out-of-hotel sector not only outperformed last year's figures, but also consolidated its expansion from pre-pandemic levels.
HomeToGo Seals Interhome Acquisition, Reconfiguring Flexible Accommodation in Europe
Europe's Flexible Accommodation board is being reshaped with one of the most significant deals of the year. HomeToGo has received the green light from regulators to complete the acquisition of Interhome Group. This union creates a new giant in the sector, combining the technological strength of HomeToGo with the strong direct management portfolio of Interhome.
Andalusia Reorganises Flexible Accommodation: Nearly 10,300 Tourist Dwellings Leave the Register after New Control Measures
The Flexible Accommodation sector in Andalusia is undergoing a significant restructuring. The Junta has cancelled nearly 10,300 registrations of tourist accommodation, a decisive move to rebalance the residential and tourist market. This action underlines the firmness of the administrations in the management of an accommodation model in constant evolution.
The Regional Government of Madrid approves the RESIDE PLAN definitively in the Governing Council today
Madrid begins a new era in the management of its residential and tourist ecosystem. The recently approved RESIDE Plan comes into force with strong measures: it eliminates tourist flats scattered in residential buildings in the centre and establishes new rules for Flexible Accommodation throughout the city, protecting the resident and promoting affordable housing.
Alcorcón Boosts the Educational and Residential Future: 300 New Flexible Housing Units for Students in the ADA Macroproject
Alcorcón is at the forefront of residential innovation. The ambitious ADA (Alcorcón Academic District) project not only includes new sports infrastructures, but will also provide 300 Flexible Housing units designed specifically for students. This strategic development seeks to attract talent and offer quality housing solutions to the university community.
600 Million for Flexible Accommodation: JPMorgan and Grupo Lar Boost 'Flex Living' in Spain with Strategic Alliance
One of the most significant transactions of the year in the Spanish real estate sector is taking shape: JPMorgan Asset Management and Grupo Lar announce a joint venture to invest €600 million in the development of 'Flex Living'. This alliance aims to create 5,000 beds in Flex Living projects in key cities, marking the banking giant's entry into this promising residential segment.
SLS Madrid Infantas Residences: Hollywood Glamour Enters the Heart of the Capital, Redefining Flexible Luxury Accommodation
Madrid celebrates the arrival of SLS Madrid Infantas Residences, a project that fuses the vibrant luxury of SLS with the historic essence of the Las Letras district. Inspired by classic Hollywood, this branded residences complex offers high-end Flexible Accommodation, setting a new standard for sophistication and service in the Spanish capital.
Kronos Home Sets Sights on Spain: Branded Residences Could Reshape Luxury in Flexible Accommodation
Leading property developer Kronos Home is seriously considering extending its successful model of branded residences to Spain, following its consolidation in Portugal. This strategy of bringing luxury homes with high-end hotel services promises to raise the standards of flexible and residential accommodation, attracting a buyer and investor profile that seeks exclusivity and an unparalleled lifestyle.
The Pulse of Vacation Rentals: Record Profitability and New Challenges for Flexible Accommodation in Spain
Vacation rentals continue to redefine the Spanish real estate market, establishing themselves as a flexible accommodation option with higher returns than traditional rentals. A recent report by Fotocasa reveals how the supply has grown driven by this attractive profitability, while regulation intensifies the tension in a sector dominated by small owners.
Marbella and Flexible Accommodation: Keys to Legislative Changes and their Impact on Housing Value
Spain's Flexible Accommodation sector is facing new legislative headwinds, with particular impact on key tourist areas such as Marbella. An LPA report looks at how changes to the Horizontal Property Law and other measures are seeking to regulate tourist accommodation, and warns of the potential unintended consequences for property values and rental supply.
The Luxury of Flexible Accommodation Evolves: How will Branded Residences Adjust Rates in a Maturing Market?
The branded residences sector is maturing, and with it, its fee structures are poised for a transformation. As more brands, both hotel and non-hotel, come into play, competition and owner expectations will drive changes in commissions and management models, redefining value in ultra-luxury Flexible Accommodation.
Innovation in Flexible Accommodation: Bechester and Andbank Launch 10 Million Leasing Vehicle to Equip 'Living' Spaces
The Flexible Accommodation sector receives a new financial boost. Bechester, a specialist in equipment for living spaces, and Andbank, have joined forces to create a leasing vehicle of up to 10 million euros. This initiative aims to facilitate investment in high quality furniture and equipment for student residences, coliving, senior living and other long-stay formats, boosting supply and professionalising the sector.
New Tax Window: 50% Reduction in Personal Income Tax for Renting Rooms in Habitual Housing, a Boost to Long-Term Flexible Housing
A recent confirmation from the Directorate General of Taxes opens up a tax opportunity for landlords: a 50% reduction in personal income tax for renting out rooms in their main residence. This clarification seeks to encourage a form of Flexible Accommodation that contributes to the permanent residential offer, although it explicitly excludes tourist and seasonal rentals.
Flexible Accommodation Boosts Seasonality: Tourist Apartments and Rural Tourism Lead Extra-Hotel Growth in May
The Spanish non-hotel sector closed May with notable growth, led by the dynamism of tourist flats and rural tourism. This progress, which exceeds the pre-pandemic figures, underlines the capacity of Flexible Accommodation to attract more travellers and consolidate seasonally adjusted demand, diversifying supply and destinations.
Registry Chaos in Flexible Accommodation: StayAlliance Alerts on Persistent Failures in the Single Registry of Tenancies
The implementation of the Unique Tenancy Registration Number (NRUA) for Flexible and Seasonal Accommodation is creating a major bottleneck and frustration. StayAlliance reports "persistent failures" in the system, which is paralysing the legal operation of thousands of dwellings and threatens significant damage to the sector, right in the middle of the peak season.
Academic Boost to Flex Living: Coword and the University of Malaga Join Forces to Innovate in Flexible Housing
The Flex Living sector in Spain takes a qualitative leap forward with a pioneering collaboration. Coword, a benchmark in Flexible Housing, has signed an agreement with the University of Malaga to promote teaching, research and innovation in this residential model. This alliance seeks to professionalise the sector and train future experts in a market in full expansion.
Santander Boosts Flexible Accommodation in Barcelona: 28 Million for a New Student Residence by Atir Hospitality
The Flexible Accommodation sector in Spain continues to attract significant investment, with Barcelona consolidating its position as a development hub. Santander has committed EUR 28 million to finance Atir Hospitality's first student residence project in the city, a move that underlines the strength of this segment and its ability to attract bank capital.
The Heart of Flexible Accommodation: Small Landlords and Landlords Drive Short Term Rental in Spain
Contrary to popular perception, the short-term rental market in Spain is dominated by individual and small-scale owners and landlords. A recent analysis reveals that this atomisation, far from the image of large corporations, is the very essence of Flexible Accommodation in the country, with significant implications for its regulation and future.
