Staycity to settle in Portugal

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Published on 01/07/22 - Updated on 01/07/22

Lisbonne Staycity Apparthotel

Two Wilde Apparthotels By Staycity are to open in Lisbon and Porto and sign the arrival of the Irish group in Portugal.

Lisbon and Porto will welcome the two properties in 2024. The property in Lisbon will feature 95 apartments, the one of Porto will offer 80 keys. Both locations are equipped with a coffee shop, gym area and laundry service.

Tom Walsh, CEO of Staycity stated: “Careful forecasting and refinancing meant we emerged from the pandemic ready to crack on with our expansion. This year our like-for-like sales are back up to 2019 levels, so recovery has happened more quickly than we anticipated. Leisure stays have come back, and we are seeing signs of corporate business returning, although challenges do still remain such as supply issues, labour shortages and the impact of the war in the Ukraine.”

2022 will mark the opening of Dublin, Frankfurt, Manchester and Paris. The company is visible in 17 locations across Europe.

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