Developer docs
API playgroundTry for free, no card

Search company profiles

Cycas Hospitality

Full company profile

uuid000utid

Namestring
Cycas Hospitality
Legal namestring
Vertiq Hospitality Partners B.V.
Company typeenum
Private
Founded yearint
2008
Descriptiontext

Cycas Hospitality (legal entity: Vertiq Hospitality Partners B.V.) is a privately held European hospitality investment, asset-management, and hotel-operations firm headquartered in Amsterdam, Netherlands, founded in 2008. The company operates a portfolio of more than 35 branded and independent hotel properties across eight European countries (Netherlands, United Kingdom, France, Belgium, Switzerland, and others) under partnerships with major global hotel brands including Marriott International (Moxy, Residence Inn, Staybridge Suites), IHG (Holiday Inn Express & Suites), Hyatt (Hyatt Place, Hyatt House), and Radisson Hotel Group, alongside boutique/lifestyle concepts such as 25hours.

Cycas functions as an outsourced operating partner for hotel property owners, investment funds, and developers, providing investment advisory, asset optimization, brand-partnership facilitation, and full operational management of branded and independent properties. Its go-to-market is enterprise B2B field sales targeting real-estate investors and developers seeking yield optimization on hospitality assets, with end-consumer distribution handled through the global reservation systems and loyalty programs of its brand partners (Marriott Bonvoy, IHG Rewards, World of Hyatt, Radisson Rewards).

Revenue is generated through management fees on hotel operations and asset-management mandates; pricing is negotiated contract-by-contract with property owners and is not publicly disclosed. The firm has no publicly disclosed ownership, funding history, or financial figures, and recently rebranded from Cycas Hospitality to Vertiq Hospitality Partners to present a corporate-level identity across European markets.

Short descriptiontext

Cycas Hospitality (Vertiq Hospitality Partners B.V.) is a European hospitality asset-management and hotel-operations firm managing 35+ branded and independent properties across 8 countries for hotel owners, investors, and developers under partnerships with Marriott, IHG, Hyatt, and Radisson.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersAmsterdam, Netherlands
HQ citystring
Amsterdam
HQ countrystring
Netherlands
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
hospitality management, hotel asset management, hotel operations management, hospitality investment management, branded hotel operations
Industry2 codes
1Hospitality (Hotels & Resorts) Asset Management
CodeBPAJAMAEPrimaryYes
2Hospitality (Hotel) Property Management
CodeBPAJAGAGPrimaryNo
NAICS code3 codes
  • Nonresidential Property Managers531312
  • Management of Companies and Enterprises55111
  • Hotels (except Casino Hotels) and Motels72111
SIC code1 code
  • Real Estate Agents & Managers (For Others)6531
Product category
Hospitality Management Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Hotel Management Fees
TypeManaged Services
Description

Cycas Hospitality generates revenue through management fees charged to hotel owners for operational oversight of branded and independent properties. As an asset manager, the company earns fees for investment management, asset optimization, and hotel operations management across their portfolio.

Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Cycas Hospitality operates as an investor, asset manager, and operational manager for hospitality assets across Europe, providing professional management and asset optimisation services to hotel property owners and investors. Through management contracts and brand-franchise partnerships with global hotel groups (Marriott, IHG, Hyatt, Radisson, 25hours), the company develops and manages a portfolio of more than 35 branded and independent hotels and serviced apartments across eight European countries. Revenue is generated through management fees and asset-management fees paid by property owners, with rooms distributed to end guests via partner-brand global reservation and loyalty systems.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Cycas Hospitality is a hospitality investment and asset management company operating a portfolio of branded and independent hotel properties across Europe. The company specializes in developing, managing, and asset managing hotels in partnership with major global hotel brands including Marriott International (Moxy, Residence Inn, Staybridge Suites), IHG (Holiday Inn Express & Suites), Hyatt, and Radisson. Their portfolio spans multiple European countries and includes various hotel formats such as boutique, extended-stay, aparthotel, and conventional hotel properties.

Product and service4 records
1Hotel Asset Management
CategoryHospitality Asset Management
Description

Investment-advisory and asset-management service for hotel property owners and investors across Europe, with a stated objective of proactively managing assets to obtain the best possible risk-adjusted returns.

2Hotel Operational Management
CategoryHotel Operations Management
Description

Day-to-day operational management of branded and independent hotels and serviced apartments on behalf of property owners, delivered through a portfolio of more than 35 properties across eight European countries and a 1,001-5,000-employee operating base.

3Hospitality Investment Management
CategoryHospitality Investment
Description

Acting as an equity-style investor alongside property owners, providing investment capital and strategic oversight for hospitality assets across European markets.

4Hotel Brand Development and Launch Services
CategoryHotel Development and Brand Launch
Description

Development and European market-entry services for international hotel brands, partnering with property developers and brand owners to introduce new hotel concepts to Western European markets.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Marriott International is a key brand partner, with Cycas bringing the Moxy (millennial-focused brand) to Slough and multiple UK/European locations, and Residence Inn extended-stay concept to European markets.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

IHG partnership includes Holiday Inn Express & Suites and other brand concepts managed by Cycas across European territories.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Hyatt partnership encompasses Hyatt Place and Hyatt House brands managed by Cycas across European markets.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Cycas brought the Radisson Hotel & Suites concept to Western Europe, establishing properties under the Radisson brand portfolio.

Strategic tierKeyTypeStrategic or Co-development Partner
Description

Investment developer Heren2 collaborated with Cycas Hospitality on the Moxy Amsterdam Houthavens project, opened January 2018.

Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Comptoir Immobilier partnered with Cycas for the Sion Airport development project, representing Cycas's presence in the Swiss market.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Largest third-party hotel management company in North America, actively expanding into Europe. Directly comparable to Cycas as a multi-brand operator running franchised and independent hotels for institutional owners.

TypeBroad incumbent
Description

Hotel real-estate investor and operator owning and operating Accor-branded hotels across Europe. Comparable because it combines hospitality asset ownership with operational management in many of the same European markets as Cycas.

TypeBroad incumbent
Description

European hotel owner-operator with a portfolio across the UK, Netherlands and Germany. Comparable because PPHE combines ownership and operational management of branded full- and select-service hotels in the same Western European markets Cycas serves.

TypeBroad incumbent
Description

UK-listed owner and operator of Premier Inn hotels across the UK, Ireland and Germany. Comparable as a large-scale European hotel operator, though vertically integrated under a single brand rather than multi-brand.

TypeDirect peer
Description

Global third-party hotel management company operating franchise and soft-branded hotels across Europe, the Middle East and Africa. Closely matches Cycas's model of partnering with major global brands (Marriott, IHG) to manage properties for owners.

TypeBroad incumbent
Description

Major European urban hotel operator with a multi-brand portfolio across Western and Southern Europe. Relevant peer because it competes for the same upper-midscale business and leisure demand that drives occupancy at Cycas-managed properties.

TypeDirect peer
Description

Global third-party hotel manager with a sizeable European footprint operating Marriott, IHG and Hyatt-flagged properties for institutional owners. Directly comparable asset-light, multi-brand operator competing for the same owner mandates.

TypeDirect peer
Description

UK-headquartered hotel management company operating branded and independent hotels across the UK and Europe. Closely comparable in geography, brand mix (including Marriott/IHG franchises) and third-party management model.

TypeBroad incumbent
Description

European multi-brand hotel group operating budget, midscale and upscale hotels across France, Europe and beyond. Comparable as a multi-segment, multi-brand operator in many of the same countries Cycas serves.

TypeEmerging player
Description

Global hotel franchising group with a growing European portfolio of upper-midscale and lifestyle brands. Comparable as an alternative brand-and-management platform that competes with Cycas for owners in the select-service and lifestyle segments.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Cycas Hospitality

Hospitality Management Servicescycashospitality.com

Cycas Hospitality (Vertiq Hospitality Partners B.V.) is a European hospitality asset-management and hotel-operations firm managing 35+ branded and independent properties across 8 countries for hotel owners, investors, and developers under partnerships with Marriott, IHG, Hyatt, and Radisson.

What Cycas Hospitality does

Cycas Hospitality (legal entity: Vertiq Hospitality Partners B.V.) is a privately held European hospitality investment, asset-management, and hotel-operations firm headquartered in Amsterdam, Netherlands, founded in 2008. The company operates a portfolio of more than 35 branded and independent hotel properties across eight European countries (Netherlands, United Kingdom, France, Belgium, Switzerland, and others) under partnerships with major global hotel brands including Marriott International (Moxy, Residence Inn, Staybridge Suites), IHG (Holiday Inn Express & Suites), Hyatt (Hyatt Place, Hyatt House), and Radisson Hotel Group, alongside boutique/lifestyle concepts such as 25hours.

Cycas functions as an outsourced operating partner for hotel property owners, investment funds, and developers, providing investment advisory, asset optimization, brand-partnership facilitation, and full operational management of branded and independent properties. Its go-to-market is enterprise B2B field sales targeting real-estate investors and developers seeking yield optimization on hospitality assets, with end-consumer distribution handled through the global reservation systems and loyalty programs of its brand partners (Marriott Bonvoy, IHG Rewards, World of Hyatt, Radisson Rewards).

Revenue is generated through management fees on hotel operations and asset-management mandates; pricing is negotiated contract-by-contract with property owners and is not publicly disclosed. The firm has no publicly disclosed ownership, funding history, or financial figures, and recently rebranded from Cycas Hospitality to Vertiq Hospitality Partners to present a corporate-level identity across European markets.

Cycas Hospitality firmographics

Firmographics
Name
Cycas Hospitality
Legal name
Vertiq Hospitality Partners B.V.
Website
https://cycashospitality.com
Company type
Private
Founded year
2008
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Cycas Hospitality (Vertiq Hospitality Partners B.V.) is a European hospitality asset-management and hotel-operations firm managing 35+ branded and independent properties across 8 countries for hotel owners, investors, and developers under partnerships with Marriott, IHG, Hyatt, and Radisson.
Ownership category
akta.pro rank

Cycas Hospitality industry classification

Industry
Product category
Hospitality Management Services
NAICS
Nonresidential Property Managers (531312), Management of Companies and Enterprises (55111), Hotels (except Casino Hotels) and Motels (72111)
SIC
Real Estate Agents & Managers (For Others) (6531)
akta.pro primary industry
Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)
akta.pro secondary industry
Hospitality (Hotel) Property Management (BPAJAGAG)

Keywords

  • Hospitality management
  • Hotel asset management
  • Hotel operations management
  • Hospitality investment management
  • Branded hotel operations

Where Cycas Hospitality is headquartered

Location

Headquarters

HQ city
Amsterdam
HQ country
Netherlands
HQ region
Europe

Offices1 record

Markets served

Cycas Hospitality business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

  1. Hotel Management Fees: Cycas Hospitality generates revenue through management fees charged to hotel owners for operational oversight of branded and independent properties. As an asset manager, the company earns fees for investment management, asset optimization, and hotel operations management across their portfolio.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Cycas Hospitality product offering

Product offering

Core offering

Cycas Hospitality operates as an investor, asset manager, and operational manager for hospitality assets across Europe, providing professional management and asset optimisation services to hotel property owners and investors. Through management contracts and brand-franchise partnerships with global hotel groups (Marriott, IHG, Hyatt, Radisson, 25hours), the company develops and manages a portfolio of more than 35 branded and independent hotels and serviced apartments across eight European countries. Revenue is generated through management fees and asset-management fees paid by property owners, with rooms distributed to end guests via partner-brand global reservation and loyalty systems.

Product overview

Cycas Hospitality is a hospitality investment and asset management company operating a portfolio of branded and independent hotel properties across Europe. The company specializes in developing, managing, and asset managing hotels in partnership with major global hotel brands including Marriott International (Moxy, Residence Inn, Staybridge Suites), IHG (Holiday Inn Express & Suites), Hyatt, and Radisson. Their portfolio spans multiple European countries and includes various hotel formats such as boutique, extended-stay, aparthotel, and conventional hotel properties.

Differentiator

Problem solved

Functional benefit

Products and services

  • Hotel Asset Management Investment-advisory and asset-management service for hotel property owners and investors across Europe, with a stated objective of proactively managing assets to obtain the best possible risk-adjusted returns.
  • Hotel Operational Management Day-to-day operational management of branded and independent hotels and serviced apartments on behalf of property owners, delivered through a portfolio of more than 35 properties across eight European countries and a 1,001-5,000-employee operating base.
  • Hospitality Investment Management Acting as an equity-style investor alongside property owners, providing investment capital and strategic oversight for hospitality assets across European markets.
  • Hotel Brand Development and Launch Services Development and European market-entry services for international hotel brands, partnering with property developers and brand owners to introduce new hotel concepts to Western European markets.

Companies that use Cycas Hospitality

Customer profile

Segments2 records

Ideal customer profiles1 record

Cycas Hospitality technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Cycas Hospitality partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core, key and supporting.

  • Marriott InternationalcoreStrategic or Co-development PartnerMarriott International is a key brand partner, with Cycas bringing the Moxy (millennial-focused brand) to Slough and multiple UK/European locations, and Residence Inn extended-stay concept to European markets.
  • IHG (InterContinental Hotels Group)coreStrategic or Co-development PartnerIHG partnership includes Holiday Inn Express & Suites and other brand concepts managed by Cycas across European territories.
  • HyattcoreStrategic or Co-development PartnerHyatt partnership encompasses Hyatt Place and Hyatt House brands managed by Cycas across European markets.
  • Radisson Hotel GroupcoreStrategic or Co-development PartnerCycas brought the Radisson Hotel & Suites concept to Western Europe, establishing properties under the Radisson brand portfolio.
  • Heren2keyStrategic or Co-development PartnerInvestment developer Heren2 collaborated with Cycas Hospitality on the Moxy Amsterdam Houthavens project, opened January 2018.
  • Comptoir ImmobiliersupportingStrategic or Co-development PartnerComptoir Immobilier partnered with Cycas for the Sion Airport development project, representing Cycas's presence in the Swiss market.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Cycas Hospitality competitors and assessment

Company assessment

Direct peers

  • Aimbridge Hospitality: Largest third-party hotel management company in North America, actively expanding into Europe. Directly comparable to Cycas as a multi-brand operator running franchised and independent hotels for institutional owners.
  • Valor Hospitality Partners: Global third-party hotel management company operating franchise and soft-branded hotels across Europe, the Middle East and Africa. Closely matches Cycas's model of partnering with major global brands (Marriott, IHG) to manage properties for owners.
  • Interstate Hotels & Resorts: Global third-party hotel manager with a sizeable European footprint operating Marriott, IHG and Hyatt-flagged properties for institutional owners. Directly comparable asset-light, multi-brand operator competing for the same owner mandates.
  • RBH (Redefine BDL Hotels): UK-headquartered hotel management company operating branded and independent hotels across the UK and Europe. Closely comparable in geography, brand mix (including Marriott/IHG franchises) and third-party management model.

Broad incumbents

  • AccorInvest: Hotel real-estate investor and operator owning and operating Accor-branded hotels across Europe. Comparable because it combines hospitality asset ownership with operational management in many of the same European markets as Cycas.
  • PPHE Hotel Group: European hotel owner-operator with a portfolio across the UK, Netherlands and Germany. Comparable because PPHE combines ownership and operational management of branded full- and select-service hotels in the same Western European markets Cycas serves.
  • Whitbread: UK-listed owner and operator of Premier Inn hotels across the UK, Ireland and Germany. Comparable as a large-scale European hotel operator, though vertically integrated under a single brand rather than multi-brand.
  • NH Hotel Group: Major European urban hotel operator with a multi-brand portfolio across Western and Southern Europe. Relevant peer because it competes for the same upper-midscale business and leisure demand that drives occupancy at Cycas-managed properties.
  • Louvre Hotels Group: European multi-brand hotel group operating budget, midscale and upscale hotels across France, Europe and beyond. Comparable as a multi-segment, multi-brand operator in many of the same countries Cycas serves.

Emerging players

  • BWH Hotels (Best Western Hotels & Resorts): Global hotel franchising group with a growing European portfolio of upper-midscale and lifestyle brands. Comparable as an alternative brand-and-management platform that competes with Cycas for owners in the select-service and lifestyle segments.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Cycas Hospitality social profiles

Digital presence

Cycas Hospitality financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Cycas Hospitality leadership team

Management profile

Number of profiles

Profiles1 record

Cycas Hospitality funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Cycas Hospitality M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cycas Hospitality

What does Cycas Hospitality do?

Cycas Hospitality operates as an investor, asset manager, and operational manager for hospitality assets across Europe, providing professional management and asset optimisation services to hotel property owners and investors. Through management contracts and brand-franchise partnerships with global hotel groups (Marriott, IHG, Hyatt, Radisson, 25hours), the company develops and manages a portfolio of more than 35 branded and independent hotels and serviced apartments across eight European countries. Revenue is generated through management fees and asset-management fees paid by property owners, with rooms distributed to end guests via partner-brand global reservation and loyalty systems.

Is Cycas Hospitality a public or private company?

Cycas Hospitality is a private company. It is classified as unknown and is currently operating.

When was Cycas Hospitality founded?

Cycas Hospitality was founded in 2008. It employs 1,001 to 5,000 people.

Where is Cycas Hospitality based?

Cycas Hospitality is headquartered in Amsterdam, Netherlands, in the Europe region.

How does Cycas Hospitality make money?

One revenue line is on record: hotel Management Fees.

Who are Cycas Hospitality's main competitors?

Direct peers on record are Aimbridge Hospitality, Valor Hospitality Partners, Interstate Hotels & Resorts and RBH (Redefine BDL Hotels). Broad incumbents are AccorInvest, PPHE Hotel Group, Whitbread, NH Hotel Group and Louvre Hotels Group. BWH Hotels (Best Western Hotels & Resorts) is listed as an emerging player.

Does Cycas Hospitality have an API?

No public API is recorded for Cycas Hospitality.

What industry is Cycas Hospitality in?

Cycas Hospitality's product category is Hospitality Management Services. Its primary akta.pro industry code is BPAJAMAE, Hospitality (Hotels & Resorts) Asset Management, with a secondary code of BPAJAGAG, Hospitality (Hotel) Property Management. Its NAICS code is 531312 and its SIC code is 6531.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
Hotel Industry News by Hotel News ResourceCycas Hospitality and Vertiq Capital to Merge as Vertiq Hospitality PartnersCycas Hospitality and its parent company Vertiq Capital have announced a merger to form a new entity named Vertiq Hospitality Partners, effective March 31, 2026. The combined group manages over 35 hotels across eight countries, including the UK and France, with ongoing expansion plans adding more than 400 rooms this year.THP NewsCycas Enters New Era as VertiqCycas Hospitality has rebranded as Vertiq Hospitality Partners following an internal merger with Vertiq Capital to create a pan-European hotel asset management platform. The newly formed entity manages over 35 hotels across eight countries and plans to add more than 400 rooms in the UK and France this year.Travel And Tour WorldRebranding Cycas: Vertiq Hospitality Partners Set for Major European Hotel GrowthCycas Hospitality and its parent company Vertiq Capital have completed a merger to form Vertiq Hospitality Partners, creating a consolidated entity focused on hospitality investment and management across Europe. The newly formed company operates from offices in Amsterdam and London, managing a portfolio of more than 35 hotels with approximately 6,000 rooms across eight countries. Vertiq Hospitality Partners plans to add more than 400 rooms in the UK and France during 2026 as part of its long-term growth strategy to strengthen its presence in key European destinations.Travel And Tour WorldVertiq Hospitality Partners Emerges as Cycas and Vertiq Capital Unite to Dominate Europe Hotel Market ExpansionVertiq Capital and Cycas Hospitality have completed a merger to form Vertiq Hospitality Partners, creating a unified entity operating more than 35 hotels with over 6,000 keys across eight countries. The combined portfolio is anchored in gateway cities including London, Paris, and Amsterdam while extending into regional and leisure destinations. The new entity adopts a brand-agnostic operating model combined with a partnership and co-investment strategy, positioning itself as a competitive mid-to-large hotel operator in the European market.HospitalityandcateringnewsCycas to Rebrand as VertiqCycas Hospitality has merged with its parent company, Vertiq Capital, and rebranded as Vertiq Hospitality Partners to create a unified pan-European operating partner. The combined entity manages a portfolio of over 35 hotels and 6,000 keys across eight countries, leveraging investment expertise and operational strength to accelerate growth in the UK and France.Hospitality NetPhilip Steiner has been appointed as Chief Operating Officer (COO) at Vertiq Hospitality PartnersCycas Hospitality has appointed Philip Steiner as Chief Operating Officer for the United Kingdom, Ireland, the Netherlands, and Portugal to guide strategy and oversee operational performance in these regions. This move is part of Cycas Hospitality's broader commitment to strengthening its leadership team and supporting its expansion across Europe.Hospitality NetCycas Hospitality Expands Into IrelandCycas Hospitality has been appointed to manage The Ormond Hotel in Dublin on behalf of the Ormond Group, marking its first property in Ireland. This agreement supports Cycas Hospitality's ongoing pan-European expansion strategy into 2024.Hospitality NetInterGlobe appoints Cycas to manage its European hotel portfolioInterGlobe Enterprises has appointed Cycas Hospitality to manage its portfolio of European hotels, including ten properties in the K+K Hotel group and the Hotel Reichshof in Hamburg. This partnership enables Cycas to expand its operations into Spain, Austria, the Czech Republic, Hungary, and Romania, adding these markets to its existing presence in twelve countries.GlobeNewswireFirst Radisson serviced apartment hotel opens in Western EuropeRadisson Hotel Group opened its first serviced apartment hotel in Western Europe, the Radisson Hotel & Suites Amsterdam South, in Amsterdam. The 227-suite aparthotel features fully-equipped kitchens, fitness studio, and a restaurant, with Cycas Hospitality operating it under a leased agreement.Hospitality NetBéatrice Puma has been appointed as Director of Sales for France at Cycas HospitalityCycas Hospitality appointed Béatrice Puma as its first Director of Sales for France in April to support the pre-opening team for new Hyatt Place and Hyatt House hotels at Charles De Gaulle Airport. This strategic hire aims to capitalize on the growing aparthotel market in the Roissy region, where Hyatt House will be the first of its kind.