Vertiq Hospitality Partners
| Type | Private |
|---|---|
| Industry | Hospitality |
| Founded | 2008 |
| Headquarters | Houthavens, Amsterdam, The Netherlands |
Number of locations | 35 hotels 6,000 Rooms (Oct 2023) |
Key people | Erik Jacobs (CEO) |
| Products | Hotels |
| Website | vertiqhospitality |
Vertiq Hospitality Partners B.V. is a hotel and asset management company based in Amsterdam, in the Netherlands. The group operates over 35 hotels across Europe, in eight countries, including [1] the UK, the Netherlands,[2] Belgium,[3] Luxembourg, France[4] and Switzerland.[5] Formerly known as Cycas Hospitality B.V., the company rebranded as Vertiq Hospitality Partners in March 2026[6].
History
[edit]The company was founded in 2008 by John Wagner and Eduard Elias.[7] In October 2017, the Thai family-owned Hua Kee Group acquired one third of the group for an undisclosed amount.[8] In 2019, Matt Luscombe became the company's first official CEO.[9] The CEO as of March 2026 is Erik Jacobs[10].
Types of hotels
[edit]Vertiq Hospitality Partners operates more than 6,000 rooms across Europe, in the extended-stay and mainstream hospitality sectors, including double-decker hotels,[11] property development and asset management. Properties under management range from limited service to luxury, and include lifestyle and extended stay hotels as well as co-living and serviced apartments. Its global hospitality partners include InterContinental Hotels Group, Marriott International, Hyatt, Accor, Radisson Hotels and Hilton Hotels and Resorts.
Awards
[edit]Vertiq continues to win industry awards, including best employer,[12][13] ranking in the Best Places to Work in Hospitality for over five consecutive years.[14][15][16][17][18]
The company has also been recognised for its leadership[19][20][21] and its hotels' service levels.[22][23]
References
[edit]- ↑ "Growjo". Retrieved 30 May 2022.
- ↑ Rolt, Amber (31 January 2018). "Cycas Hospitality expands in Europe". Estates Gazette.
- ↑ "Cycas secures deal to manage Belgium's first Residence Inn". Property Magazine. 27 November 2018.
- ↑ Manzoori-Stamford, Janie (10 April 2018). "Cycas Hospitality makes France debut with Hyatt deal". The Caterer.
- ↑ "Holiday Inn Express and Suites to debut in Switzerland". Business Traveller. 18 November 2021.
- ↑ Russell, James (2026-03-31). "Cycas to Rebrand as Vertiq". Hospitality & Catering News. Retrieved 2026-03-31.
- ↑ "Cycas Hospitality Joins The Association Of Serviced Apartment Providers (ASAP)". HospitalityNet. 12 December 2016.
- ↑ "Cycas Hospitality secures a strategic investment from Hua Kee". Europe Real Estate.
- ↑ "Cycas appoints Matt Luscombe as company's first CEO". The Caterer. 2019-02-12. Retrieved 2020-01-27.
- ↑ "Cycas Hospitality to rebrand as Vertiq". www.property-magazine.eu. Retrieved 2026-03-31.
- ↑ Baker, Terence (15 October 2018). "Cycas focuses on dual brands extended-stay in Europe". Hotel News Now.
- ↑ "Cycas Hospitality UK - Winner of Best Employer Catey at the 2018 Cateys". The Caterer.
- ↑ "British HR Awards 2022: Winners announced". New Possible. 21 April 2022.
- ↑ "The Best Places to Work in Hospitality 2018". The Caterer. 26 April 2018.
- ↑ "The Best Places to Work in Hospitality 2019". The Caterer. 17 May 2019.
- ↑ "The Best Places to Work in Hospitality 2020". 24 September 2020.
- ↑ "The Best Places to Work in Hospitality 2021". 19 May 2021.
- ↑ "The top 30 Best Places to Work in Hospitality 2022 revealed". 26 May 2022.
- ↑ "Serviced Apartment Awards 2018 winners honoured in London". Serviced Apartment News. 20 March 2018.
- ↑ "Double award win at the British HR Awards". Journal Des Palaces. May 2022.
- ↑ "SA Awards 2022 winner interview: Asli Kutlucan". Serviced Apartment News. May 2022.
- ↑ "Staybridge Suites Liverpool continues its award-winning ways". Knowsley Chamber). 14 August 2019.
- ↑ "The Winners: The Scottish Hotel Awards 2020". Hotel News Scotland). 26 April 2020.