Global investment firm EQT has agreed to acquire Stockbridge, a U.S. real estate investment manager with USD 16.5 billion in fee-generating assets under management. The transaction features a USD 375 million upfront cash consideration, with up to USD 175 million in earnouts. The acquisition expands EQT Real Estate's global footprint across industrial sub-sectors, open-ended core funds and alternative residential markets including manufactured housing.
The Ascott Limited has partnered with DETECH Group to introduce the Oakwood Premier brand to Hanoi, Vietnam. Scheduled to open in 2029 within the My Dinh - Cau Giay central business district, the 127-unit hybrid hospitality project will expand Ascott’s nationwide footprint to 45 properties and over 12,300 units. The mixed-use scheme targets growing corporate, leisure and expatriate demand across the capital.
Duetto has acquired FLYR Hospitality, adding automated revenue management and business intelligence tools to its existing Revenue & Profit Operating System. The acquisition incorporates advanced AI capabilities, real-time pricing and conversational analytics into Duetto's product suite. The combined technology aims to serve both independent hoteliers and large hotel chains by delivering total commercial performance insight across top- and bottom-line operations.
Vonovia has launched a new brand, Veveus, at EXPO REAL 2026 to consolidate its service offerings for institutional owners and investors. Bringing together investment, asset, property and facility management, the platform builds on Vonovia's existing portfolio of 75,000 third-party managed apartments. The initiative supports Vonovia's strategy to expand its non-rental business activities across the property life cycle.
Hospitality management platform Cloudbeds has formed a partnership with Australian point-of-sale provider Oolio. The integration connects Cloudbeds directly with Oolio’s Bepoz, Swiftpos and Idealpos platforms, which power over 22,000 venues. The collaboration allows hotels, resorts and pub groups to automatically post food and beverage purchases from onsite restaurants and bars straight to guest room folios in real time, cutting down manual data entry.
Swiss company Aphy AG has unveiled an agentic artificial intelligence platform designed to automate time-consuming back-office tasks for independent hoteliers. Running around the clock, the system connects directly to property management systems, channel managers and shared inboxes to handle cross-checking, payment verification, OTA commission reconciliation and guest email inquiries.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
