Appointments & Promotions

Cycas Hospitality Appoints Key Members to Executive Team for Residence Inn Hotels Launching in London

AMSTERDAM, NL. May 11, 2017 - Cycas Hospitality, London’s second largest operator of serviced apartment/apart-hotels, has appointed three new members of its team as it prepares for the launch of four more extended-stay hotels in the capital.

Mark Gillings joins as Regional Area Manager, Esther Fodor as Sales Manager and Martin Doshev as Hotel Manager for Residence Inn – London Bridge.

The trio will be part of the opening team for Starwood Capital Group’s portfolio, which includes; Residence Inn – London Bridge and Residence Inn London – Kensington as well as two further Cycas managed serviced apartment properties in Bermondsey and Tower Bridge.

John Wagner, Founding Partner of Cycas Hospitality says: “We are thrilled to have Mark, Esther and Martin on board at this pivotal moment for Cycas. Not only will they will be flying the flag for our new London properties but they will also be championing the rest of the Cycas award-winning extended-stay portfolio.”

Mark Gillings, Regional Area Manager for Cycas Hospitality said: “I am so excited to be a part of the opening team for an industry-leading extended-stay brand and what will be the first Residence Inn for Marriott to launch in the capital. South East London is a fascinating and attractive option for the inquisitive business traveller. I look forward to working alongside the team to help manage this milestone project for Cycas and help reach out further to the international relocation and business travel market.”

With over 20 years’ experience in international hospitality, Mark is an accomplished hotel management professional with strong business acumen and leadership skills. Prior to joining Cycas, Mark was Vice President, Hotels and Leisure at SFC Group, one of the largest hospitality operators in the UAE.

Supporting Mark, Esther Fodor brings with her a strong passion for the serviced apartment sector. Her most recent position was as Account Manager at The Ascott Limited, where she was responsible for managing global sales and accounts.

Martin Doshev joins from Go Native where he was Operations Manager, assisting in the smooth running and operating of service apartments in London Bridge.

Cycas Hospitality manages Starwood Capital Group’s four extended-stay apart-hotels in London which include Marriott’s first extended-stay properties in the capital; Residence Inn London – London Bridge and Residence Inn London – Kensington.

The company also manages two further properties in Bermondsey and Tower Bridge.

All four properties are owned by a controlled affiliate of Starwood Capital Group and will be operated under a franchise agreement with Cycas Hospitality.

The portfolio is currently undergoing a comprehensive refurbishment due to be completed before end of 2017.

About Cycas Hospitality

Cycas Hospitality is a hotel management company specialising in extended-stay hotels in the UK and Europe. It combines real world, first-hand experience of hotel management with expertise in real estate investment and development. Cycas Hospitality manages Staybridge Suites hotels in, Liverpool, Newcastle, London - Vauxhall, London - Stratford City as well as the Holiday Inn in Stratford City London. Cycas Hospitality also manages Starwood Capital Group’s four extended-stay apart-hotels in London which include Marriott’s first extended-stay properties in the capital; Residence Inn London – London Bridge and Residence Inn London – Kensington. The company also manages two further properties in Bermondsey and Tower Bridge making Cycas the second largest operator of serviced apartment/apart-hotels in London.nbTwo new dual branded projects, comprising four hotels, are under construction. These include a Crowne Plaza/Staybridge Suites in Manchester and a Moxy/Residence Inn in Amsterdam.nAt Heathrow Cycas also manages the Hyatt Place London Heathrow Airport. Several other projects are currently under development. www.cycashospitality.com

Lisa Ronchetti
07903 869 669

Coming Up In The December Online Hotel Business Review

Feature Focus
Hotel Law: Issues & Events
There is not a single area of a hotel’s operation that isn’t touched by some aspect of the law. Hotels and management companies employ an army of lawyers to advise and, if necessary, litigate issues which arise in the course of conducting their business. These lawyers typically specialize in specific areas of the law – real estate, construction, development, leasing, liability, franchising, food & beverage, human resources, environmental, insurance, taxes and more. In addition, issues and events can occur within the industry that have a major impact on the whole, and can spur further legal activity. One event which is certain to cause repercussions is Marriott International’s acquisition of Starwood Hotels and Resorts Worldwide. This newly combined company is now the largest hotel company in the world, encompassing 30 hotel brands, 5,500 hotels under management, and 1.1 million hotel rooms worldwide. In the hospitality industry, scale is particularly important – the most profitable companies are those with the most rooms in the most locations. As a result, this mega- transaction is likely to provoke an increase in Mergers & Acquisitions industry-wide. Many experts believe other larger hotel companies will now join forces with smaller operators to avoid being outpaced in the market. Companies that had not previously considered consolidation are now more likely to do so. Another legal issue facing the industry is the regulation of alternative lodging companies such as Airbnb and other firms that offer private, short-term rentals. Cities like San Francisco, Los Angeles and Santa Monica are at the forefront of efforts to legalize and control short-term rentals. However, those cities are finding it’s much easier to adopt regulations on short-term rentals than it is to actually enforce them. The December issue of Hotel Business Review will examine these and other critical issues pertaining to hotel law and how some companies are adapting to them.