Development Pipeline Scheduled for Autumn 2024

Holiday Inn Express & Suites Sion

Cycas Hospitality Secures its First Hotel Deal in Switzerland

  • Cycas and IHG Hotels & Resorts partner to bring second Holiday Inn Express & Suites concept to Switzerland
  • Cycas portfolio now covers six European countries (Belgium, France, Germany, The Netherlands, Switzerland and the UK)

Cycas Hospitality continues to drive forward its ambitious expansion programme, having this month signed its first Swiss hotel. The 119-room Holiday Inn Express & Suites Sion will be operated by the award-winning pan-European operator under its first lease agreement with an investment group of Credit Suisse Asset Management.

When it opens in autumn 2024, the new-build property will offer a combination of 95 classic Holiday Inn Express rooms and 24 suites with kitchenette by Sion's railway station, plus an on-site ground floor restaurant to take advantage of its vibrant location within the new Cour de Gare district and by the new concert hall. Guests will also be able to take advantage of a 24/7 gym and meeting room.

Sion's growing economy

The hotel will be at the heart of a major commercial development intended to capitalise on Sion's position as the region's economic and commercial hub and link the dynamic city centre with the old town.

The new Cour de Gare project, led by Comptoir Immobilier, will bring together over 10,300m² of offices, 300 apartments and 5,700m² of retail space. The complex will also incorporate one of the largest concert and conference halls in the Valais canton - attached to the hotel - plus underground car parking for 625 vehicles.

The hotel is also well placed for the EPFL Valais Wallis scientific research institute - a centre of excellence with over 400 staff - which includes its Energypolis School of Engineering campus.

Gateway to the ski slopes

As the capital of Valais - one of Switzerland's most popular tourist regions - the new hotel is ideally located for taking advantage of Europe's best-known ski resorts. The Four Valleys, Switzerland's biggest ski area, is currently just a 30 minutes' drive, but could be even more accessible within a few years of the hotel opening if a proposed new cable car project goes ahead providing a direct 20-minute connection from the neighbouring station to the slopes.

Sion is also within an hour's reach of Zermatt, Verbier, Chamonix Mont-Blanc and Portes du Soleil; the largest interconnected ski area in the world.

Hotel Website
Europe Switzerland Sion

Holiday Inn Express® hotels are a part of the IHG brand family and are the ideal choice for the smart traveler, offering them a great night’s rest while helping them be productive on the go. Fresh, clean, modern and uncomplicated, Holiday Inn Express hotels offer competitive rates for both business and leisure travelers. Guests Stay Smart® at Holiday Inn Express hotels where they enjoy a free hot Express Start® Breakfast Bar, free...

IHG Hotels & Resorts is a global hospitality company, with a purpose to provide True Hospitality for Good. With a family of 19 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,000 open hotels in over 100 countries, and more than 1,900 in the development pipeline.

Vertiq Hospitality Partners is a pan-European hospitality investment and asset management company with a portfolio of hotels and serviced apartments in eight countries, including major city centres, transport hubs and leading leisure destinations. Vertiq partners with owners and investors through a management platform that spans asset management, operations, revenue optimisation, marketing, branding and sales.