STAYCITY APPOINTS NEW DEVELOPMENT DIRECTOR TO ADVANCE EUROPEAN GROWTH

Publish date: Thu 01 Oct, 2015

Dublin-based Staycity, one of Europe’s leading aparthotel operators, has announced the appointment of Barry Hickey as Development Director.

A chartered accountant by profession, Hickey joins Staycity with a strong property background having spent 13 years with Irish developer Ballymore, most recently as Finance Director UK & Ireland.

“Staycity is a growing brand in an expanding sector,” said Hickey. “I’m delighted to be joining the company as we embark on a strong expansion programme over the next 12 months. We are actively seeking sites both in the UK and in key cities across Europe.” Hickey brings a combination of experience to Staycity including that of strategy development, financing and property acquisition. He has also held financial director roles in several large companies over recent years.

Staycity is currently in a period of rapid growth. Later this year the company will open aparthotels in Lyon and Birmingham Newhall Square with further openings in Marseille, London Covent Garden and York due for 2016 as well as a significant expansion of its Heathrow property, which first opened in 2012.

Barry Hickey replaces Chief Commercial Officer Anthony Carragher who is leaving Staycity after two years to pursue his own interests.

Said CEO Tom Walsh: “I would like to thank Anthony for all the superb work he has done for us. I am very much looking forward to working with Barry whose experience of project management and financial expertise will be an asset as we move forward.” By Summer 2016, Staycity will operate over 1,800 apartments in 15 properties across 10 European cities including Birmingham, Dublin, Edinburgh, Liverpool, London Covent Garden, London Heathrow, London Greenwich, Lyon, Manchester, Marseille, Paris and Amsterdam.

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About Staycity Aparthotels

Staycity Aparthotels is a privately held company based in Dublin offering quality short-term and long-term apartment and aparthotel lettings in central city locations. These include Dublin (179 apartments), Edinburgh (146), Manchester (266), Liverpool (56), Birmingham (249), London Heathrow (269), London Greenwich (166),Paris (50), York (197), Marseille (108) and Lyon (144). With a total estate (pipeline and operating) totaling over 6,500 apartments the company is on target to achieve its stated aim of 15,000 apartments by 2022.

Staycity Aparthotels was founded in 2004 by Tom Walsh and his brother Ger, starting with a single apartment in Dublin’s Temple Bar, a former recording studio used by the likes of U2.

With an active European expansion plan Staycity has quickly established itself as one of the leading aparthotel operators. Projected annual turnover for 2018 is expected to reach €70m.

Staycity’s properties are made up of studios, one-bedroom and two-bedroom apartments offering 24-hour reception, fully equipped kitchens or kitchenettes, a dining area, sitting area and bathroom. Additional features include complimentary Wi-Fi access, flat-screen TV and guest laundry facilities as well as weekly housekeeping. Most sites have private car parking facilities and many offer a dry gym. All latest generation properties, such as London Heathrow, York, Birmingham Newhall Square, Lyon and Marseille have a guest lounge/café for breakfast, all day snacks and beverages.

In 2015 Staycity Group won the Industry Breakthrough Award at the Association of Serviced Apartment Providers (ASAP) Annual Awards and was inducted into the Tripadvisor Hall of Fame. In 2016 the company was highly commended in the Serviced Apartment Business of the Year Award, Corporate category (ASAP Awards). In 2018 Staycity won the Best Operator Award (201+ apartments) in the Serviced Apartment News Awards.