Staycity Group plans first resort-style aparthotel

Dublin-based aparthotel operator Staycity Group is poised to open its first resort-style property, in Paris. The Staycity Aparthotels Paris, Marne-la-Vallée will have 284 apartments, 22 holiday villas, an outdoor swimming pool, a café and a restaurant.
 
The new-build property is scheduled to open this August with studio and one-bedroom apartments as well as 12 four-bedroom villas sleeping up to 16 people and 10 five-bedroom villas sleeping up to 20 people. 
 
Guest facilities include a lounge, a children’s play area, gardens and a gym as well as a free shuttle to and from Disneyland Paris. The property has parking for 182 cars and has three meeting rooms and a break-out area for business and conference use. Marne-la-Vallée is Staycity’s second property in Paris.
 
“Marne-la-Vallée will particularly appeal to leisure guests and the villas will be popular with families or groups of friends, although our guest profile is still expected to be around 20-30 percent corporate business,” Tom Walsh, Staycity’s CEO and co-founder, said in a statement.

The average stay is anticipated to be around 3.5 nights with the majority of guests coming from Europe. 

The development is 35 minutes by car from central Paris and 10 minutes from Disneyland Paris. 

Staycity, which has some 7,000 apartments both open and in the pipeline across Europe, will open new properties in Berlin; Venice, Italy; Edinburgh, Scotland; and Manchester, England, this year.
 
The company recently announced the acquisition of a former theater site on Francis Street in Dublin, which will open in 2020 as a 242-apartment Staycity Aparthotel together with restaurants, shops and an exhibition center. A second major deal will see the company open 248 apartments in London’s Paddington as part of a €231 million, 620-room hotel and aparthotel complex. Staycity also is involved in the construction of the Paddington venture in a three-way joint venture partnership with the Pickstock Group and BSW Land & Property. The development is scheduled for completion in 2021.
 
Staycity operates under the Staycity Aparthotels brand and its premium Wilde Aparthotels by Staycity brand. The group’s growth target is to reach 15,000 apartments by the end of 2023.