Cycas Hospitality has signed a management agreement to open Marriott International’s first extended-stay property in north England.
The deal to operate a 155-room Residence Inn by Marriott in Manchester’s Northern Quarter is Cycas’ first with Ciel Capital.
Due to open in late-2020, the property is operating currently as The Northern Quarters with 84 independent serviced apartments.
A phased refurbishment is underway and when the rebranding is complete, the hotel will have lounge and breakfast space, as well as retail on the ground floor.
Cycas previously worked with IHG to bring Europe’s first extended-stay hotel to Liverpool in 2008 and opened the first dual-brand property in Manchester in 2018.
This summer, Quest appointed Cycas to launch its apartment hotels into Europe, with its first property opening in Liverpool city center this September. Cycas also will bring Marriott International’s Moxy brand to Liverpool in 2021.
“While Manchester is already considered a gateway to the North, it’s clear from the continued investment into the city’s rail and international air connections that the potential for regional growth over the coming years is huge,” said Asli Kutlucan, chief development officer at Cycas Hospitality. We’re confident that the central location of our new Residence Inn property will tap into the growing demand for alternative accommodation options from business and leisure travelers, and look forward to working closely with Ciel Capital and Marriott International to further build our presence in this vibrant market.”
Vedrana Riley, CEO of Ciel Capital, noted the city's reputation as a major tech hub. “The government’s ‘Northern Powerhouse’ initiative has helped transform the region still further, increasing investment to the city and creating one of the world’s largest, and most exciting, urban economies," Riley said. “As the city continues to attract a high-profile mix of start-up businesses and large-scale multinationals, from Boohoo to Amazon, our first hotel in Manchester will be well positioned to cater to the city’s evolving hotel needs.”
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