Development

Cycas increases London footprint

Cycas Hospitality has opened its fifth London property.

The Lincoln Suites in Holborn opened on 31 August. It is owned by Eastern & Oriental Group, and offers 28 one-bedroom suites and 26 studios.

Cycas Hospitality also took over the management of the 20-apartment Stow-Away Waterloo in early summer, with the two properties sharing team members across operations and housekeeping. In June 2021 Cycas went on to open the first Hyatt Place in central London; the upscale 280-room Hyatt Place London City East, in Whitechapel.

“We’re delighted to have opened E&O Group’s first serviced apartment hotel in Europe, and to have brought their upmarket vision for The Lincoln Suites to life in such a prime London location,” Wayne Androliakos, vice president of operations – South UK and strategic projects, at Cycas Hospitality, said.

“The last year has really helped open people’s eyes to the benefits of alternative accommodation options and, in particular, the greater flexibility and extra space offered by serviced apartments. Cycas is therefore confident that the demand is there for a more boutique long-stay experience, as much from those looking to spend a few weeks holidaying in the capital as those travelling on business.”

The new opening comes on the back of a strong year of expansion across Europe for Cycas, with the hotel management company opening one hotel per month since autumn 2020, including its first hotels in France (the dual brand Hyatt Place and Hyatt House Paris Charles de Gaulle Airport, October 2020) and Belgium (Residence Inn by Marriott Brussels Airport, April 2021).