Cycas adds 11 hotels with InterGlobe agreement

India’s InterGlobe Enterprises has appointed Cycas Hospitality to manage its portfolio of European hotels, including ten properties in the K+K Hotels portfolio.

The partnership also includes management of the Hotel Reichshof in Hamburg, a luxury 278-room property.

Cycas is expanding its team to support the InterGlobe portfolio, with new leaders in operations, people and culture, finance, commercial and property management.  

InterGlobe is a large Indian conglomerate and holds positions in aviation, hospitality, and travel-related services.

What they said

Neena Gupta, executive director – group strategy and international hospitality for InterGlobe Enterprises, said: “We are delighted to be partnering with Cycas Hospitality. Cycas has exceptional leadership, and a highly professional, multinational and diverse team, with deep market knowledge and experience. We are confident that the combined passion and creativity of our teams will deliver a unique quality of operational and service excellence in Europe.”

Matt Luscombe, CEO at Cycas Hospitality, said: “Everyone at Cycas Hospitality is incredibly proud and excited to begin this partnership. With the addition of the InterGlobe portfolio, Cycas now expands to 12 countries, including our first hotels in Spain, Austria, the Czech Republic, Hungary and Romania. Neena is a visionary leader with an ambitious and transformational plan for InterGlobe’s portfolio. I am very confident that, together, we will set a new bar in the European boutique hotels sector.”