Cycas Hospitality has signed three management agreements for hotels in Europe, which include Accor and Marriott properties.
The Ibis Styles Copenhagen Orestad will open in December 2022 as part of the city’s mixed-use Nest45 project, which incorporates offices and small businesses. The new-build hotel, located opposite the conference centre Bella Center, will feature 186 rooms and an on-site bar and restaurant.
Cycas will once again work with Marriott International to develop the 86-room Moxy Le Havre in France, which marks Cycas’ third Moxy and tenth hotel in partnership with the hotel group. The hotel is expected to open by the end of 2024 and will form part of a multi-purpose complex.
Meanwhile Cycas has signed the 55-room The 55 by Le Mirage hotel, which is set to open in July in London. Located in a converted Grade II-listed building in Bayswater, the boutique hotel will feature a private terrace and is just a few minutes’ walk from Hyde Park, Kensington Gardens, Paddington and Notting Hill.
Matt Luscombe, CEO at Cycas Hospitality, said:
“These three hotels will be wonderful additions to our Cycas portfolio, timed perfectly to benefit from the recovery in our industry. We appreciate the continued trust and vision of our investment and brand partners, who have created such fabulous hospitality offers.
“With our continued expansion, we are deepening our presence and strengthening our capabilities in every major European market. I’m incredibly proud of the progress we’re making to build and develop Europe’s best hospitality team, and we look forward to establishing Cycas’s distinctive, high-performance culture in each of these new hotels.”
Last year Cycas announced it would operate its first Mercure-branded hotels and its second Hotel Indigo property in London’s Paddington area.
