Industry News
Irish state fund to take stake in Staycity as part of refinancing plan
Reading Time: 2 minutes Ireland: The Ireland Strategic Investment Fund (ISIF) is to take a stake in Staycity as a part of €70 million refinancing package.
Industry News
Staycity reopens properties with new health and safety protocols
Reading Time: 2 minutes Ireland: Staycity is set to reopen properties with a comprehensive set of health and safety protocols designed to minimise the risk of Covid-19 and deliver high standards of hygiene to both staff and guests.
Industry News
Staycity negotiates rent freezes with landlords
Reading Time: < 1 minute Ireland: Staycity, which operates aparthotels across Europe, has negotiated rent freezes where possible its with landlords.
Editor’s Comments
Do the best you can
Reading Time: 2 minutes Amid the mayhem that that the coronavirus outbreak is wreaking on hospitality, and all the distress it is causing around the world, it has been heartening to see individuals and companies doing the best they can under the circumstances – being honest, being realistic and being responsible. Former Manchester United
Industry News
Staycity looking forward after strong 2019
Reading Time: 2 minutes Ireland: Staycity has released positive trading figures for 2019, which included key property openings and a new financing deal.
Editor’s Comments
“Of all the aparthotels, in all the towns, in all the world, they had to walk in to mine.”
Reading Time: 2 minutes “Of all the aparthotels, in all the towns, in all the world, they had to walk in to mine.” York and Casablanca aren’t often mentioned in the same sentence, but Staycity CEO Tom Walsh can be forgiven for having a Humphrey Bogart moment when two Chinese guests, both staying at
Features
Serviced apartment industry reacts to Brexit
Reading Time: 4 minutes UK: Though Big Ben did not bong, the deed is done. After years of uncertainty, the UK’s European Union withdrawal agreement finally went into force on the 30th of January.
Industry News
Staycity secures new financing deal
Reading Time: < 1 minute Ireland: Staycity has secured a €22.5 million flexible loan facility with Dunport Capital to support its growth plans.
Industry News
Dowling to head Staycity property development venture
Reading Time: 2 minutes Ireland: Aparthotel operator Staycity Group has announced that its newly launched property development venture, Realstay Developments, will be headed up by Frank Dowling.
Industry News
Staycity opens Wilde aparthotel in Berlin
Reading Time: 2 minutes Germany: Staycity Group is opening its second Wilde property today, in Berlin.