UK: Serviced apartment and aparthotel operator Cycas Hospitality has made three appointments as it prepares for the launch of four properties in London.
• With the general trend in hospitality being for an asset light strategy, why has Cycas decided to acquire two of the Staybridge Suites properties it operates – what are the main pros and cons of ownership? “Our core business at Cycas is being a hotel management company, focusing on
Netherlands: Developer Heren2 and operator Cycas Hospitality have celebrated the topping out of a dual-branded project in Amsterdam.
UK: Cycas Hospitality has acquired the 128-unit Staybridge Suites Newcastle.
UK: Starwood Capital Group has appointed Cycas Hospitality to manage properties in Earls Court/Kensington, London Bridge, Bermondsey and Tower Bridge.
UK: Cycas Hospitality has introduced the national living wage for all full-time UK employees irrespective of age.
UK: Patron Capital has sold its stake in the Staybridge Suites Liverpool to its partner Cycas Hospitality.
UK: Cycas Hospitality has appointed Craig Patterson as hotel manager for Staybridge Suites Liverpool.