Groupe ADP, ADIM Paris Île-de-France and Cycas Hospitality to Bring Dual-Branded Marriott to Paris-Charles de Gaulle Airport
Groupe ADP | October 1, 2019
Groupe ADP, as landowner, developer and investor, ADIM Paris Île-de-France (a development real estate subsidiary of VINCI Construction France) as developer and Cycas Hospitality, as hotel operator, have signed agreements for the construction and operation at Paris-Charles de Gaulle Airport of a dual-branded hotel complex combining Courtyard and Residence Inn, two brands belonging to Marriott International. Designed by award-winning architect Manuelle Gautrand, this hotel complex, expected to be commissioned in January 2022, has a total of 13,500 sq.m and comprises a 223-bed Courtyard by Marriott hotel plus a 100-apartment Residence Inn ap...
Cycas Hospitality | September 17, 2019
Cycas Hospitality has signed a management agreement with Percor Capital to operate a dual-branded InterContinental Hotels Group (IHG) development in Dundee. The deal reinforces Cycas’s long-established relationship as the largest operator of IHG’s extended-stay brand in Europe. Following the agreement, Cycas now operates six of the international hotel group’s eight Staybridge Suites hotels in the UK and a total of nine IHG-branded properties. The 102-room Hotel Indigo and 85-room Staybridge Suites double-decker hotel occupy a refurbished linen mill, with a bar and restaurant on the ground floor. The central development is a short ...
Cycas Hospitality | September 9, 2019
Cycas Hospitality continues to grow its European portfolio with a hotel management agreement to open Marriott International’s first extended-stay property in the north of England. The deal to operate a 155-room Residence Inn by Marriott in Manchester’s Northern Quarter is Cycas’s first with Ciel Capital and partners Due to open as a Residence Inn in late 2020, from August 2019 the property will provide 84 independent serviced apartments as The Northern Quarters whilst the phased refurbishment takes place. Located less than a ten-minute walk from Manchester Piccadilly railway station, the Northern Quarter is well known for its v...
Cycas Hospitality | February 12, 2019
Cycas Hospitality has positioned itself for its next stage of growth with the appointment of Matt Luscombe as Chief Executive Officer. Matt is set to join the business in March, based from Cycas's head office in Amsterdam, where he will become the hotel management company's first CEO since it was co-founded in 2008 by Eduard Elias and John Wagner. The appointment follows significant expansion for Cycas, having welcomed three new brands in 2018 and doubled its portfolio in the process. In the last year alone Cycas has expanded into Belgium, France, Germany and the Netherlands, and last autumn the fast-growing company announced six new se...
Cycas Hospitality Signs Management Contract for Inaugural Property in Germany, Element Frankfurt Airport Hotel
Cycas Hospitality | January 8, 2019
Cycas Hospitality is continuing its European expansion with the signing of its inaugural property in Germany. The hotel management company has secured a deal to operate the privately-owned 133-suite Element Frankfurt Airport on a long-term lease from 18 December 2018. The extended-stay Marriott International property - which incorporates a ground-floor restaurant, two meeting rooms plus underground parking - represents Cycas Hospitality's tenth European hotel and sixth airport property. Further reinforcing Cycas's position as one of the leading extended-stay operators in Europe, the Frankfurt property becomes the fifth long-stay brand i...
Hyatt Place | October 1, 2018
CHICAGO (October 1, 2018) – Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into a franchise agreement with Resolution Property, which has teamed up with specialist real estate firm Berkeley Capital Group, to develop a Hyatt Place hotel at Black Lion House on Whitechapel Road in Aldgate. Hyatt Place London City/East will be a 280-room hotel managed by Cycas Hospitality and will mark the fourth collaboration with Cycas Hospitality on select service Hyatt hotels in Europe. The Hyatt Place brand is rooted in extensive consumer insights indicating that guests seek stylish, comfortable, seamless exp...
Hyatt Enters Agreement With Matmut S.A.M. to Develop Hyatt Place Rouen Set for 2021 Opening in the French Normandy
Hyatt Place | September 12, 2018
CHICAGO---Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with a subsidiary of Matmut S.A.M. to develop the first Hyatt-branded hotel in Rouen, the capital of Normandy, France. Managed by Cycas Hospitality, Hyatt Place Rouen will be the second Hyatt Place hotel in France, and will join the dual-branded Hyatt Place and Hyatt House hotels at Paris Charles de Gaulle Airport that are currently under development. The Hyatt Place project in Rouen reflects the brand's strong momentum in the fast-growing select service category as Hyatt Place hotels continue to expand across Europ...
Starwood Capital Group and Cycas Hospitality Open 319-Key Residence Inn by Marriott London Kensington
Residence Inn | July 18, 2018
Marriott International, Inc. has announced the opening of Residence Inn by Marriott London Kensington, the largest property in the extended-stay brand's European portfolio. In a prime position on Warwick Road in Earls Court, the hotel features 319 suites, of which several boast private terraces with impressive views across the capital. Guests can also take in the London skyline from the hotel's eighth floor terrace, which will also be available to hire as an events space. The property's spacious one- and two-bedroom suites include separate living, working and sleeping areas, designed for those taking longer stays. Guests can expect full...
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