Cycas Hospitality continues to grow its European portfolio with a hotel management agreement to open Marriott International’s first extended-stay property in the north of England.
The deal to operate a 155-room Residence Inn by Marriott in Manchester’s Northern Quarter is Cycas’s first with Ciel Capital and partners
Due to open as a Residence Inn in late 2020, from August 2019 the property will provide 84 independent serviced apartments as The Northern Quarters whilst the phased refurbishment takes place.
Located less than a ten-minute walk from Manchester Piccadilly railway station, the Northern Quarter is well known for its vibrant art and culture scene, as well as its of mix of retail, cafés and dining. Hotel guests will benefit from lounge and breakfast space, as well as retail on the ground floor.
Cycas has strong foundations in the North West, having worked with IHG to bring Europe’s first extended-stay hotel property to Liverpool in 2008 and open the north of England’s first dual-branded property in Manchester in 2018. This summer Quest appointed Cycas to launch its apartment hotels into Europe, with its first property opening in Liverpool city centre this September, while Cycas will also be bringing Marriott International’s lifestyle-focused Moxy brand to Liverpool, slated to open in 2021.
Asli Kutlucan, Chief Development Officer at Cycas Hospitality, said: “Whilst Manchester is already considered a gateway to the North, it’s clear from the continued investment into the city’s rail and international air connections that the potential for regional growth over the coming years is huge.
“We’re confident that the central location of our new Residence Inn property will tap into the growing demand for alternative accommodation options from business and leisure travellers, and look forward to working closely with Ciel Capital and Marriott International to further build our presence in this vibrant market.”
Vedrana Riley, Chief Executive Officer of Ciel Capital, said: “Manchester’s innovative reputation remains as true today as ever. Having established itself in recent years as one of Europe’s leading digital technology hubs, the government’s ‘Northern Powerhouse’ initiative has helped transform the region still further, increasing investment to the city and creating one of the world’s largest, and most exciting, urban economies.
“As the city continues to attract a high-profile mix of start-up businesses and large-scale multinationals, from Boohoo to Amazon, our first hotel in Manchester will be well positioned to cater to the city’s evolving hotel needs. We very much look forward to capitalising on Cycas’s reputation for translating loyal guests into financial success on our new venture.”
