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.
Cycas will partner 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 – 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.
Cycas is expanding its team to support the InterGlobe portfolio, with new leaders in Operations, People & Culture, Finance, Commercial and Property Management.
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, Chief Executive Officer 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.”