Yearly Archives: 2019

Record property openings prompts Staycity’s drive for 200 recruits

Aparthotel operator Staycity is recruiting some 200 additional staff over the next few months as the company gears up for a record number of property openings in the second half of 2019. Four properties will join the portfolio before the end of this year with recruitment drives already underway for general manager, front-of-house, sales and […]

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Staycity set to open its first resort-style property in Paris

Dublin-based aparthotel operator Staycity Group is poised to open its first resort-style property comprising 284 apartments, 22 holiday villas, an outdoor swimming pool, café and restaurant as well as extensive gardens and terraces. Staycity Aparthotels Paris, Marne-la-Vallée is conveniently located just 35 minutes by car from central Paris and 10 minutes from Disneyland Paris. It’s […]

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Staycity founder wins top industry award

Tom Walsh, co-founder and CEO of the successful Dublin-based aparthotel operator Staycity Group has this week been awarded a top industry accolade at the Serviced Apartment News Awards, held in London yesterday [14 March 2019]. Tom, pictured left with Staycity COO Keith Freeman, was presented with the ‘Industry Inspiration’ award at a dinner attended by […]

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European hotel transaction levels down in 2018 although investor interest remains strong, says HVS report

28 February 2019, London: European hotel transaction volumes reached €18.6 billion in 2018, a decrease of 14% on the previous year, but still the fifth highest level recorded, according to the annual European Hotel Transactions report published this week by HVS and its brokerage and investment services division HVS Hodges Ward Elliott. A total of […]

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European hotel rooms see strong growth in value with gains across most cities, reveals HVS Valuation Index

25 February 2019, London: Hotel values across Europe registered another strong year in 2018 showing 3% growth and reaching new highs, according to the annual European Hotel Valuation Index (HVI), compiled by global hotel consultancy HVS. Although a more modest growth than that of 2017 at 3.9%, 2018 saw recovery for many cities as well […]

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Staycity announces acquisition of two major sites as its aparthotel expansion continues

                                       BUSINESS TRAVEL SHOW, LONDON                                                                               20 February 2019     Dublin-based aparthotel operator Staycity Group has […]

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Supply increase impacts occupancy in UK’s provincial hotels, says Hotel Market Tracker

30 January 2019, London: The fortunes of London’s hotels compared with those in the provinces widened in Q4 2018 as occupancy in London rose by 5% year-on-year compared with a more modest 1% increase in hotels outside the capital. According to the latest UK Hotel Market Tracker: Q4 2018, produced by HVS London, AlixPartners and […]

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Staycity to open in £203m complex in London’s Paddington

The regeneration of London’s Paddington will take a further step forward with the development of a 620-room hotel and aparthotel complex. The tenants of the scheme will be Staycity alongside Premier Inn and it is expected to open by 2021. Staycity, a leading aparthotel operator, will provide the aparthotel side of the development under its […]

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Property entrepreneur Stephen Vernon takes 5% stake in Staycity

Staycity has this week announced that Stephen Vernon’s John Pollard Foundation has acquired a 5% shareholding in the company. Stephen Vernon is one of Ireland’s most accomplished property entrepreneurs and a well-known philanthropist through the John Pollard Foundation, named after his grandfather. He is also the co-founder of Dublin and London listed property investment company […]

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