InterGlobe appoints Cycas to manage its European hotel portfolio

Cycas Hospitality has announced it has been appointed by InterGlobe as its European operating partner.

Cycas has immediately taken over the management of InterGlobe’s 11 boutique hotels across eight countries in Europe and nine key cities, meaning Cycas’s pan-European portfolio now includes over 40 branded and independent hotels.

The properties include 10 K+K Hotels located in Paris, Barcelona, London, Vienna, Prague, Munich, Budapest and Bucharest. The partnership also includes management of the Hotel Reichshof in Hamburg, a luxury 278-room hotel whose Art Deco style and upmarket facilities reflect the listed building’s landmark location.

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.”