Cycas Hospitality will partner with InterGlobe in the management and transformation of 11 boutique hotels and 1,472 rooms across 8 countries and 9 cities.
InterGlobe Enterprises is one of India’s largest and most innovative companies, with successful businesses across Aviation, Hospitality and Travel-related sectors. InterGlobe’s portfolio of hotel assets is spread across India, Europe and Australia.
From 1 July, Cycas has partnered with InterGlobe to manage its portfolio of European hotels, including ten properties in the K+K Hotel portfolio, located in eight of Europe’s finest cities, such as Paris, Barcelona, London and Prague. The partnership also includes management of the Hotel Reichshof in Hamburg, a luxury 278-room hotel with Art Deco design.
Cycas is expanding its team to support the InterGlobe portfolio, with new leaders in Operations, People & Culture, Finance, Commercial and Property Management. As a reminder, Cycas Hospitality’s portfolio expands to 12 countries with over 40 branded and independent hotels, including its first properties in Spain, Austria, the Czech Republic, Hungary and Romania.
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.
Matt Luscombe, Chief Executive Officer at Cycas Hospitality
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.
Neena Gupta, Executive Director – Group Strategy and International Hospitality for InterGlobe Enterprises
