On 1 July 2022, Cycas Hospitality partnered with InterGlobe Enterprises to manage and transform 11 boutique hotels and 1,472 rooms across eight countries and nine cities. This includes 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.
InterGlobe is one of India's largest and most innovative companies, with success across aviation, hospitality and travel-related industries. Its current hotel portfolio extends across India, Europe and Australia.
As Europe's leading and fastest-growing independent hotel management company, Cycas boasts a pan-European portfolio of over 40 branded and independent hotels and will expand to 12 countries with the partnership. To support the addition of the InterGlobe portfolio, Cycas is appointing new leaders in Operations, People & Culture, Finance, and Commercial and Property Management.
"We are delighted to be partnering with Cycas Hospitality," said Neena Gupta, Executive Director of Group Strategy and International Hospitality at InterGlobe Enterprises. "Cycas has exceptional leadership, and a highly professional, multinational and diverse team, with deep market knowledge and experience. We are confident that our teams' combined passion and creativity will deliver a unique operational and service excellence quality in Europe."
Together, Cycas and InterGlobe are confident they will set a new bar in the European boutique hotels sector.
