Cycas Hospitality Signs Management Contract for Inaugural Property in Germany, Element Frankfurt Airport Hotel

Cycas Hospitality | January 8, 2019

Cycas Hospitality is continuing its European expansion with the signing of its inaugural property in Germany. The hotel management company has secured a deal to operate the privately-owned 133-suite Element Frankfurt Airport on a long-term lease from 18 December 2018. The extended-stay Marriott International property - which incorporates a ground-floor restaurant, two meeting rooms plus underground parking - represents Cycas Hospitality's tenth European hotel and sixth airport property. Further reinforcing Cycas's position as one of the leading extended-stay operators in Europe, the Frankfurt property becomes the fifth long-stay brand i...