Cycas Secures its First Swiss Hotel Deal

Cycas Hospitality continues to drive forward its ambitious expansion programme, having this month signed its first Swiss hotel.

The 119-room Holiday Inn Express & Suites Sion will be operated by the award-winning pan-European operator under its first lease agreement with an investment group of Credit Suisse Asset Management.

When it opens in autumn 2024, the new-build property will offer a combination of 95 classic Holiday Inn Express rooms and 24 suites with kitchenette by Sion’s railway station, plus an on-site ground floor restaurant to take advantage of its vibrant location within the new Cour de Gare district and by the new concert hall. Guests will also be able to take advantage of a 24/7 gym and meeting room.

Asli Kutlucan, Chief Development Officer at Cycas Hospitality, said:“We’re proud to be building on our long-standing relationship with IHG Hotels & Resorts and to be working with Credit Suisse Asset Management on this fantastic new property.

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