Cycas Hospitality and Slough Urban Renewal (SUR) to Open New Dual-Branded Marriott Property in the Heart of Slough, UK
AMSTERDAM, NL. October 26, 2016 - Cycas Hospitality and Slough Urban Renewal (SUR) have agreed heads of terms for two new Marriott International hotels - Moxy and Residence Inn - to be located on the former Central Library site, a landmark location on the A4 between the station and the town centre.
The dual branded hotel development will be operated by Cycas Hospitality, the specialist extended-stay hotel management company. It will include a 144-room affordable boutique Moxy Hotel and a 92-room extended-stay Residence Inn, both of which will be operated under a single lease, in the same building.
Andy Howell, General Manager of Slough Urban Renewal said: “We are particularly excited to be bringing two internationally acclaimed brands to Slough in time for the opening of Crossrail in 2019. The delivery of The Curve by SUR has created a perfect site for these two hotels in a key location in the heart of Slough, with unrivalled access to Slough Station.”
Eduard Elias, Cycas Hospitality Managing Partner said: “This is an exciting time to be investing in the heart of Slough. The town is undergoing a huge transformation and will after the opening of Crossrail become a real hub between Heathrow and Central London. After the success of our dual branded hotels in London Stratford (Holiday Inn and Staybridge Suites), we are now implementing similar dual branded projects in Slough, Manchester and Amsterdam.”
SUR is a joint venture partnership between Slough Borough Council and Morgan Sindall Investments Limited. Its purpose is to deliver high quality commercial, residential and community buildings to transform the Borough of Slough.
About Cycas Hospitality
Cycas Hospitality is a hotel management company specialising in extended-stay hotels. It combines real world, first-hand experience of hotel management with expertise in real estate investment and development. The company recently partnered with Starwood Capital Group to manage its four extended-stay hotels in Earls Court/Kensington, London Bridge, Bermondsey and Tower Bridge making them second largest operator of serviced apartment/apart-hotels in London. Cycas Hospitality also manages Staybridge Suites Hotels in Liverpool, Vauxhall, London, London Stratford City and the Holiday Inn in Stratford City, London and The Heathrow Hotel on Bath Road, London. Two new projects, comprising four hotels, are under construction. These include a Crowne Plaza/Staybridge Suites in Manchester and a Moxy/Residence Inn in Amsterdam. Several other projects are currently under development and further announcements can be expected in the coming months. www.cycashospitality.com
About Slough Urban Renewal
Slough Urban Renewal is a joint venture between Slough Borough Council and Morgan Sindall Investments Limited. Its purpose is to deliver ambitious objectives to transform the borough of Slough for all. For more information visit www.slough-thinkingforward.co.uk
About Morgan Sindall Investments
Morgan Sindall Investments Limited (MSIL) provides project development and funding solutions through a one-stop service, allowing our private and public sector partners to implement sustainable change in order to improve long-term prospects and well-being of local communities. It is part of Morgan Sindall Group plc, a leading UK construction and regeneration group with revenue of c£2.4 billion and which operates through six divisions of Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration and Investments.
Contact:
Lisa Ronchetti
[email protected]
020 7433 0355
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
