Cycas Hospitality

Cycas Hospitality BV is a hotel management company based in Amsterdam, in The Netherlands. The group has an estimated annual revenue currently $36.1M per year and employs 142 people.[1] It operates in the UK, the Netherlands,[2] Belgium,[3] France[4] and Germany.[5]

Cycas Hospitality BV
IndustryHospitality
HeadquartersHouthavens, Amsterdam, The Netherlands
Number of locations
24 hotels
3,808 Rooms (January 2019)
Key people
Matt Luscombe (CEO)
ProductsHotels
Websitecycashospitality.com

History

Cycas was founded in 2008 by John Wagner and Eduard Elias.[6] In October 2017, the Thai family-owned Hua Kee Group acquired one third of the group for an undisclosed amount.[7] In 2019, Matt Luscombe became the company's first official CEO.[8]

Types of hotels

It operates in the extended-stay and mainstream hospitality sectors, including double-decker hotels,[9] property development and asset management. Cycas operates in the UK, the Netherlands,[10] Belgium,[11] France[12] and Germany.[13] Its partners include Staybridge Suites, InterContinental Hotels Group, Marriott International, Hyatt, Accor, Quest Apartment Hotels,[14] CLS Holdings.[15], and Residence Inn.

Awards

In 2018-2019 it has won four industry awards for best employer.[16][17][18][19] It has also won awards in the serviced apartment sector.[20] [21]

References
  1. "Growjo". Retrieved 21 January 2021.
  2. Rolt, Amber (31 January 2018). "Cycas Hospitality expands in Europe". Estates Gazette.
  3. "Cycas secures deal to manage Belgium's first Residence Inn". Property Magazine. 27 November 2018.
  4. Manzoori-Stamford, Janie (10 April 2018). "Cycas Hospitality makes France debut with Hyatt deal". The Caterer.
  5. "Cycas enters German market with management of Element Frankfurt Airport hotel". Relocate Magazine. 8 January 2019.
  6. "Cycas Hospitality Joins The Association Of Serviced Apartment Providers (ASAP)". HospitalityNet. 12 December 2016.
  7. "Cycas Hospitality secures a strategic investment from Hua Kee". Europe Real Estate.
  8. "Cycas appoints Matt Luscombe as company's first CEO". The Caterer. 2019-02-12. Retrieved 2020-01-27.
  9. Baker, Terence (15 October 2018). "Cycas focuses on dual brands extended-stay in Europe". Hotel News Now.
  10. Rolt, Amber (31 January 2018). "Cycas Hospitality expands in Europe". Estates Gazette.
  11. "Cycas secures deal to manage Belgium's first Residence Inn". Property Magazine. 27 November 2018.
  12. Manzoori-Stamford, Janie (10 April 2018). "Cycas Hospitality makes France debut with Hyatt deal". The Caterer.
  13. "Cycas enters German market with management of Element Frankfurt Airport hotel". Relocate Magazine. 8 January 2019.
  14. Hall, Nick (29 October 2019). "Quest launches inaugural UK hotel". Inside Franchise Business.
  15. Harmer, Janet (28 January 2015). "IHG's Staybridge Suites opens in London's Vauxhall". The Caterer.
  16. "Cycas Hospitality UK - Winner of Best Employer Catey at the 2018 Cateys". The Caterer.
  17. "The Best Places to Work in Hospitality 2018". The Caterer. 26 April 2018.
  18. "The Best Places to Work in Hospitality 2019". The Caterer. 17 May 2019.
  19. "The Caterer -The Best Places to Work in Hospitality 2020". Retrieved 29 January 2021.
  20. Sell, George (20 March 2018). "Serviced Apartment Awards 2018 winners honoured in London".
  21. "The 2017 ASAP Serviced Apartment Industry Award Winners". ASAP (Association of Serviced Apartment Providers). December 2017.
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