Cycas Hospitality and Slough Urban Renewal (SUR) to open two new Marriott Hotels in the heart of Slough

Cycas Hospitality and Slough Urban Renewal (SUR) have agreed heads of terms for two new Marriott International hotels - Moxy and Residence Inn - to be located on the former Central Library site, a landmark location on the A4 between the station and the town centre.

Cycas Hospitality and Slough Urban Renewal (SUR) have agreed heads of terms for two new Marriott International hotels - Moxy and Residence Inn - to be located on the former Central Library site, a landmark location on the A4 between the station and the town centre.

The dual branded hotel development will be operated by Cycas Hospitality, the specialist extended-stay hotel management company. It will include a 144-room affordable boutique Moxy Hotel and a 92-room extended-stay Residence Inn, both of which will be operated under a single lease, in the same building.

Andy Howell, General Manager of Slough Urban Renewal said: "We are particularly excited to be bringing two internationally acclaimed brands to Slough in time for the opening of Crossrail in 2019. The delivery of The Curve by SUR has created a perfect site for these two hotels in a key location in the heart of Slough, with unrivalled access to Slough Station."

Eduard Elias, Cycas Hospitality Managing Partner said: "This is an exciting time to be investing in the heart of Slough. The town is undergoing a huge transformation and will after the opening of Crossrail become a real hub between Heathrow and Central London. After the success of our dual branded hotels in London Stratford (Holiday Inn and Staybridge Suites), we are now implementing similar dual branded projects in Slough, Manchester and Amsterdam."

SUR is a joint venture partnership between Slough Borough Council and Morgan Sindall Investments Limited. Its purpose is to deliver high quality commercial, residential and community buildings to transform the Borough of Slough.

Slough Urban Renewal

Slough Urban Renewal is a joint venture between Slough Borough Council and Morgan Sindall Investments Limited. Its purpose is to deliver ambitious objectives to transform the borough of Slough for all. For more information visit www.slough-thinkingforward.co.uk

Morgan Sindall Investments
Morgan Sindall Investments Limited (MSIL) provides project development and funding solutions through a one-stop service, allowing our private and public sector partners to implement sustainable change in order to improve long-term prospects and well-being of local communities. It is part of Morgan Sindall Group plc, a leading UK construction and regeneration group with revenue of c£2.4 billion and which operates through six divisions of Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration and Investments.

About Vertiq Hospitality Partners

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. This integrated commercial framework, delivered alongside local teams, ensures each property is strategically positioned, efficiently managed and optimised for superior financial returns. Visit https://vertiqhospitality.com.

Media Contact

Lisa Ronchetti

adhocpr [email protected] 07903869669

Development Development General Management Europe United Kingdom Slough

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.

Residence Inn by Marriott is the global leader in the longer stays lodging segment with more than 870 properties in over 15 countries and territories. Guests have the freedom to travel the way they live with Residence Inn’s spacious suites featuring distinct living, working, and sleeping spaces. Travelers can maximize their time and thrive while on the road with fully equipped kitchens in each suite, grocery delivery service, 24/7...

Moxy offers a playful hotel experience for the young at heart. With more than 70 properties open across North America, Europe, and Asia Pacific, Moxy boldly breaks the rules of a conventional hotel stay across the globe. The nontraditional experience starts with check-in at Bar Moxy and comes to life throughout its social public spaces, like the Lounge and Library, and the small but smart bedrooms.