Hospitality sector knowledge is part of the core of our competences. Cycas Capital provides a wide variation of services for the Hospitality sector, including financial- and asset management services, as well as advisory on the sector’s sustainability efforts.
Apart from asset management services and corporate finance services, Cycas Capital, in 2008, founded together with two partners and Patron Capital, Cycas Hospitality, an award-winning Pan-European hotel management company.
Cycas Hospitality initially pioneered the branded extended-stay hotel market in Europe, becoming a leading player in this sector. Thereafter the company developed into an all-round hotel operating company, with an annually compounded growth rate of 38%.
In 2017 Cycas Hospitality partnered with the Huakee Group, a Thai family-owned conglomerate which also owns and operates several hotels in Europe, Southeast Asia, and Australia. Huakee took over the majority share in the company in early 2020.
Cycas Capital currently still holds a minority shareholding in Cycas Hospitality, however, is no longer involved in its management.