CYCAS APPOINTED TO MANAGE LUXURY LONDON HOTEL (United Kingdom)
Cycas Hospitality has signed a hotel management agreement to take over the management of the design-led Bankside Hotel - part of Marriott International’s Autograph Collection – this month. |
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CYCAS APPOINTED TO MANAGE LUXURY LONDON HOTEL (United Kingdom)
Cycas Hospitality has signed a hotel management agreement to take over the management of the design-led Bankside Hotel - part of Marriott International’s Autograph Collection – this month. |
Category: Europe - United Kingdom - Industry economy
- New brands / Affiliations
This is a press release selected by our editorial committee and published online for free on 2022-06-28
The hotel was acquired by Vertiq Capital, an investor active in the hospitality sector across Europe.
Located on London’s South Bank, the 161-room is a short walk from Waterloo, Blackfriars and London Bridge stations. With seven stylish suites, the well-connected property has proved a popular choice for discerning travellers since opening in 2018.
Reflecting its location in the heart of cultural London - with Tate Modern and the National Theatre on its doorstep – the boutique hotel offers an artist-in-residence programme from its dedicated ground floor gallery space, as well as eclectic artwork and timeless design throughout.
Hotel guests also benefit from the popular all-day restaurant Art Yard Bar & Kitchen, a private dining room, an outdoor terrace area, gym, and four meeting rooms.
Cycas has appointed Zac Pearse as General Manager. Zac joins from Malmaison London, where he had spent nine years, and previously managed hotels with the deVere Group and Guoman and Thistle hotels.
Matt Luscombe, Chief Executive Officer at Cycas Hospitality, said: “We’re proud to have added our first luxury property - the intimate Bankside Hotel - to our fast-growing portfolio, and very excited to be working with Marriott International on one of their most prestigious London hotels.
“The Bankside Hotel’s ethos of being a social hub with a passion for their community strongly mirrors Cycas’s people-focused values, and we look forward to bringing Cycas’s trademark superior service and outstanding guest experience to this culturally-vibrant part of London.”
About Cycas Hospitality
- With a pan-European portfolio of over 40 global branded and independent hotels across 12 countries, Cycas Hospitality is Europe’s leading and fastest-growing independent hotel management company.
- Focused on delivering outstanding guest experience to drive superior investor returns, Cycas operates across all categories of hotels and serviced apartments for private and institutional investment partners.
- Cycas’s portfolio brings together a range of key-city locations, travel hubs and leisure destinations. Our properties range from limited service to luxury, and include lifestyle and extended-stay hotels, as well as co-living and serviced apartments.
- With proven expertise in operations, property development and asset management, Cycas partners with all the major global brands, working with Accor, Hilton, Hyatt, IHG, Marriott and Radisson, as well as helping to curate several independent brands.
- Thanks to its distinctive performance culture, commitment to talent and core purpose of developing and inspiring Europe’s best hospitality team, Cycas is consistently recognised as a ‘Best Place to Work in Hospitality’ (2018, 2019, 2020, 2021 and 2022).
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