Cycas Hospitality Joins The Association Of Serviced Apartment Providers (ASAP)
Award winning Cycas Hospitality has joined The Association of Serviced Apartment Providers(ASAP) - a not for profit trade body dedicated exclusively to championing the servicedapartment sector of the hospitality industry. Cycas Hospitality is a hotel management company specialising in extended-stay hotels in theUK and Europe. The company recently announced its contract with Starwood Capital Groupto manage Starwood's four extended-stay apart-hotels in London, making Cycas the secondlargest operator of serviced apartment/apart-hotels in London. John Wagner, Director of Cycas Hospitality, comments, "ASAP's aim is to build trust forclients by setting a benchmark for the industry and with our growing portfolio it's the righttime for Cycas to collaborate with this mission. The sector is expected to double in size inthe next two years (ASAP and Savills, December 2015) and it is vital we all work together tobuild the credibility and recognition for serviced apartment/extended-stay hotels for thebenefit of our customers." James Foice, Chief Executive of the ASAP comments: "I am absolutely thrilled to welcomeCycas Hospitality into membership of the ASAP. As such a key influential operator in theextended stay hotel sector, it's fantastic they are now part of our Association. They join usat a time of exceptional growth, with a new property set to open in Manchester next yearand a very exciting future pipeline both in the UK and Europe. We very much look forwardto building a strong partnership with them as such a major player in our industry." Founded by John Wagner and Eduard Elias, Cycas Hospitality combines first-handexperience of hotel management with added expertise in real estate investment anddevelopment. Cycas Hospitality has been active in the UK since 2008 when it spearheaded the launch ofthe extended-stay hotel sector into Europe for IHG. Today the company manages Staybridge Suites Hotels in Newcastle, Liverpool, VauxhallLondon, London Stratford City and the Holiday Inn in Stratford City London and is workingon the dual branded Crowne Plaza/Staybridge Suites in Manchester. The company is alsoworking closely with Marriott to grow its extended stay brand with a Moxy/Residence Inn inthe Houthaven's area of Amsterdam, set to be the first extended stay concept for TheNetherlands. Founded in 2002, ASAP currently has 160 active members - serviced apartment operatorsand agencies - responsible for operating over 100,000 serviced apartments globally.