Cycas Hospitality
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File:Cycas Hospitality logo (png).png | |
Industry | Hospitality |
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Headquarters | Houthavens, Amsterdam, The Netherlands |
Number of locations | 24 hotels 3,808 Rooms (January 2019) |
Key people | Matt Luscombe (CEO) Eduard Elias (Co-founder) John Wagner (Co-founder) |
Products | Hotels |
Website | cycashospitality |
Cycas Hospitality is a hotel management company operating across the extended-stay and mainstream hospitality sectors. Its specialist areas include double decker hotels,[1] property development and asset management. Cycas operates in the UK, the Netherlands,[2] Belgium,[3] France[4] and Germany.[5]
History
Cycas was founded in 2008 by John Wagner and Eduard Elias.[6] In October 2017, the Thai family-owned Hua Kee Group acquired 1/3 of Cycas Hospitality for an undisclosed amount and became a co-investment partner into Cycas' growth.[7] In 2019, Matt Luscombe became the company's first official CEO.[8]
Partners
A white-label partner working with global hotel franchise brands and international investors in Europe, Cycas is the biggest extended-stay operator for IHG's Staybridge Suites brand and also works with Marriott's Residence Inn and Hyatt across Europe. Cycas also helped develop the dual-branded hotel concept in the region for each company[9] and, in June 2019, announced a partnership with Quest Apartment Hotels[10]; a member of The Ascott Limited (Ascott).
Cycas Hospitality's partners include InterContinental Hotels Group, Marriott International, Hyatt, Accor, Quest Apartment Hotels[11], CLS Holdings.[12]
Awards
- 2018: Best Employer Award - The Cateys 2018[13]
- 2018[14] and 2019[15]: The 30 Best Places to Work in Hospitality
- 2018: Industry Inspiration (John Wagner) - Serviced Apartments Awards 2018[16]
- 2017: Investment in People Award - ASAP Serviced Apartments Industry Awards[17]
References
- ^ Baker, Terence (15 October 2018). "Cycas focuses on dual brands extended-stay in Europe". Hotel News Now.
- ^ Rolt, Amber (31 January 2018). "Cycas Hospitality expands in Europe". Estates Gazette.
- ^ "Cycas secures deal to manage Belgium's first Residence Inn". Property Magazine. 27 November 2018.
- ^ Manzoori-Stamford, Janie (10 April 2018). "Cycas Hospitality makes France debut with Hyatt deal". The Caterer.
- ^ "Cycas enters German market with management of Element Frankfurt Airport hotel". Relocate Magazine. 8 January 2019.
- ^ "Cycas Hospitality Joins The Association Of Serviced Apartment Providers (ASAP)". HospitalityNet. 12 December 2016.
- ^ "Cycas Hospitality secures a strategic investment from Hua Kee". Europe Real Estate.
- ^ "Cycas appoints Matt Luscombe as company's first CEO". The Caterer. 2019-02-12. Retrieved 2020-01-27.
- ^ "A dual to the death or a dual in the crown? Current trends in hotel branding" (PDF). HVS / Hospitality.Net. June 2016.
- ^ Dyson, Molly (2019-06-12). "Quest appoints Cycas to operate Liverpool property". Buying Business Travel. Retrieved 2019-06-13.
- ^ Hall, Nick (29 October 2019). "Quest launches inaugural UK hotel". Inside Franchise Business.
- ^ Harmer, Janet (28 January 2015). "IHG's Staybridge Suites opens in London's Vauxhall". The Caterer.
- ^ "Cycas Hospitality UK - Winner of Best Employer Catey at the 2018 Cateys". The Caterer.
- ^ "The Best Places to Work in Hospitality 2018". The Caterer. 26 April 2018.
- ^ "The Best Places to Work in Hospitality 2019". The Caterer. 17 May 2019.
- ^ Sell, George (20 March 2018). "Serviced Apartment Awards 2018 winners honoured in London".
- ^ "The 2017 ASAP Serviced Apartment Industry Award Winners". ASAP (Association of Serviced Apartment Providers). December 2017.