John was Vice President of Staybridge Suites and Hotel Indigo, EMEA, IHG, responsible for the development of
Eduard Elias and John Wagner are the men responsible for the creation of Cycas Hospitality. They each brought a unique set of talents to the creation of an extended stay hotel management company that delivers better, brighter and bigger than any other.
John was Vice President of Staybridge Suites and Hotel Indigo, EMEA, IHG, responsible for the development of the Staybridge Suites brand. Eduard came from Cycas Capital, a boutique investment bank specialising in real estate finance and investing across Europe. They combined their skills as entrepreneurs and experience of owning, managing and financing hotels throughout Europe to create something even greater than the sum of its’ parts.
Cycas appoints Matt Luscombe as its first ever Chief Executive Officer, starting 1 March 2019read more
Cycas signs 1st deal in Germany, managing the 133-suite Element Frankfurt Airport; the 5th long-stay brand in Cycas’s portfolio.read more
Cycas celebrates its 10th anniversary year by doubling its hotel portfolio and increasing the number of rooms it manages by 155%read more
Cycas introduces 3rd Marriott brand to portfolio with 196-room Courtyard deal at London City Airport; Cycas's 9th London hotelread more
Cycas to operate its 1st property in Belgium and 3rd in Benelux; the country's first Residence Inn, a 127-room hotel by Brussels Airportread more
Cycas brings Marriott’s Moxy brand to central Liverpool with 153-room property; the management company’s 2nd hotel in the cityread more
First stone ceremony for Cycas's French debut: a double-decker Hyatt Place and Hyatt House property by Paris Charles de Gaulle Airportread more
Cycas signs management contract to operate 280-room Hyatt Place London City/East: the 1st Hyatt Place in Central Londonread more
Cycas opens Manchester's 1st double-decker property, bringing together Crowne Plaza and Staybridge Suites in one central development.read more
Cycas secures 1st hotel management contract in mainland Europe and 2nd deal in France, managing 78-room Hyatt Place hotel in Rouen.read more
Cycas wins the coveted Best Employer Award at the Cateys 2018, which celebrates the UK hospitality industry’s stand-out brandsread more
Cycas opens Residence Inn London Kensington; the biggest Residence Inn in Europe and the brand's 3rd largest hotel in the worldread more
Cycas signs its inaugural deal in France, which will see it manage the 1st dual-branded Hyatt property in Europeread more
Co-founder John Wagner wins lifetime achievement award at the Serviced Apartment Awards 2018read more
Cycas opens 1st property in mainland Europe; the dual-branded Moxy and Residence Inn Amsterdam Houthavensread more
Cycas wins ‘Investment in People’ and ‘Rising Star’ awards at the Association of Serviced Apartment Provider’s (ASAP) 2017 Serviced Apartments Industry Awardsread more
Cycas launches new apartment-hotel brand in Bermondsey Village London.read more
Holiday Inn & Staybridge Suites London - Stratford City win at Thames Gateway Business Awards 2017
Cycas Hospitality secures multi-million-Euro strategic investment from Thai family office Huakeeread more
Hyatt Place London Heathrow Airport scores high marks with 4* AA Ratingread more
Cycas launches Residence Inn London - London Bridgeread more
John Wagner joins ASAP Steering Committeeread more
Slough Urban Renewal (SUR) & Cycas Hospitality sign deal to develop two new hotels under Marriott International’s MOXY Hotels & Residence Inn Brandsread more
Cycas announces dog-friendly policyread more
Grand Opening Party for Hyatt Place London Heathrow Airportread more
Staybridge Suites Liverpool unveils £1million makeoverread more
Staybridge Suites London - Stratford City wins Best Serviced Apartment at Serviced Apartment Awards 2017read more
Cycas elects seven partners in bid to expand further into the UK and Europe.read more
Staybridge Suites London - Vauxhall wins 'Hotel Of The Year' at European Hospitality Awards.read more
Cycas announces the rebranding of the Heathrow Bath hotel to a Hyatt Place hotel.read more
Cycas acquires Staybridge Suites Newcastle.
Cycas agrees heads of Terms for two new Marriott hotels in Slough - the dual-branded Moxy and Residence Inn property.
Cycas is appointed to manage Starwood Capital's four extended-stay hotels in London.
Cycas Hospitality, together with Heren2, announce two new hotels in Amsterdam; Moxy and Residence Inn Amsterdam Houthavens. The opening of the Residence Inn will mark the debut of the extended-stay concept in Amsterdam.
Cycas scores a double whammy at Serviced Apartment Awards 2016.
Cycas Hospitality buys Staybridge Suites Liverpool from partners, Patron Capital.
Cycas' Stratford City Hotels are crowned 'Best Employer in Hospitality 2015'.
Cycas Hospitality takes over the management of the Heathrow Bath Road hotel.
Staybridge Suites Liverpool is crowned 'Serviced Apartment of the Year 2015'.
Cycas announces two new hotels in Manchester: Crowne Plaza and Staybridge Suites, adjacent to Manchester University on Oxford Road.
Cycas opens Staybridge Suites London Vauxhall.
Cycas scoops two 'Hotel Star Awards' from the InterContinental Hotel Group. The awards were granted to Staybridge Suites Liverpool and Holiday Inn London - Stratford City.
Staybridge Suites Liverpool named 'Serviced Apartment of the Year' by Liverpool City Region Awards 2014.
Cycas-managed hotels Staybridge Suites London - Stratford City and Holiday Inn London - Stratford City are awarded the 'Certificate of Excellence 2014' from TripAdvisor.
Holiday Inn London Stratford City scoops two IHG awards. The hotel is granted the 'Manage Risk Award' for outstanding commitment to risk management. In addition, the hotel makes it to the final 3 out of 278 Holiday Inn hotels in Europe nominated for the 'Hotel of the Year' award.
Staybridge Suites London Stratford City named 13th best hotel in the UK by Expedia Insiders' Select List.
Cycas opens two hotels ahead of the 2012 London Summer Olympics; Holiday Inn London - Stratford City and Staybridge Suites London - Stratford City. The hotels are the main HQ hotels during the Olympics and the Paralympics for IHG, British Swimming and the Paralympics Committee.
Cycas pioneers the branded extended-stay concept in Europe as it opens Staybridge Suites Liverpool; Cycas's 1st hotel.
Cycas Hospitality is founded by
John Wagner and Eduard Elias
Before Cycas was formed they had a hand in every part of the development of the IHG Staybridge Suites extended-stay brand in the UK and Europe. From concept and design to development and operation, the team that was to become Cycas applied its unbeatable skill-set, and in 2008 opened the first European Staybridge Suites in Liverpool, England.
Recognising a winning formula when they see it, IHG and Marriott have worked with the Cycas team to develop brands across Europe.
Gold Medal Standard
When the 2012 London Olympics showed the world what a fantastic show the UK could put on, Cycas played a part in rolling out the welcome mat.
Cycas worked with Westfield to develop not one but two hotels within the Stratford Shopping Centre, which is now at the heart of what has become the Queen Elizabeth Olympic Park, funded via a joint venture with Patron Capital.
It was the kind of complex project that we relish. A 162 room Staybridge Suites and a 188 room Holiday Inn Hotel, constructed on top of an existing shopping centre. And just because we didn’t think that was quite tricky enough, the hotels had to be open and delivering the Cycas experience a few weeks before the 2012 London Olympics opening ceremony.
Tight budgets and strict timetables are two things which Cycas actively enjoy, because we’re funny like that. Throughout construction we used our experience, know-how and determination to meet both criteria, delivering both hotels two months before the original opening date and below budget.
If you want to know how good a job Cycas did, just ask Westfield Construction and Westfield Centre management. They’ll provide glowing references covering the before, during and after of our time working together. You’ve probably noticed we’re quite keen on blowing our own trumpet, but it’s even more impressive when other people blow it for us.
How good were the hotels? Good enough to be the main 2012 Olympic headquarters for IHG, the British Swimming team and the Paralympics Committee.
Proof of the great job we did? After the hotels were sold in December 2012, the new owners retained Cycas as managers. The managers of the hotels have since contracted us to operate 3 more of their hotels After all, you don’t mess with a winning formula.
Westfield, Patron & Cycas Partnership
Westfield, Patron & Cycas Partnership
In conjunction with Westfield, Cycas developed two hotels within the Stratford shopping centre. The hotels, a 162 room Staybridge Suites and a 188 room Holiday Inn Hotel, were bought and forward funded by a Cycas / Patron Capital joint venture.
The project was a highly complex building of two hotels on top of an existing shopping centre, made even more challenging because of the time pressure to open before the 2012 London Olympics.
Cycas proved able to act proactively to facilitate the timely delivery and create cost savings during the construction process. The hotels were delivered two months before the original planned date and with less than 2% of total budget changed as result of amendments to the plans.
Cycas has maintained good working relations with both Westfield Construction and Westfield Centre management (references are available), before, during, and after the process of developing and building these hotels.