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STAYCITY APARTHOTELS HAS announced a tenfold increase in its Dublin properties by 2022.
The company offers both short-term and long-term aparthotel lettings.
Founded in 2004 by brothers Tom and Ger Walsh, the company started with a single apartment in Dublin’s Temple Bar, a former recorded studio used by the likes of U2.
Staycity has now expanded into nine other cities, mainly in the UK, with over 4,500 apartments. It currently has 179 apartments in Dublin.
This year, Staycity opened new aparthotels in Marseille, Lyon and Manchester, as well as revealing details of a new premium brand, Wilde Aparthotels by Staycity, the first of which will open in London this Spring. A second will follow in Edinburgh in 2019.
Staycity has announced that it plans to add another site to the group’s Dublin estate in 2019. It plans to open a property in Chancery Lane in the city centre, with 50 apartments.
A further 142 apartment buildings will open its doors on Mark Street in 2020.
Staycity expects to have 1,500 keys operating in Dublin by 2021.
In 2019, the company also plans to open another property in Liverpool’s Corn Exchange, with 212 one and two-bedroom apartments. Another 284-key aparthotel will be opened near Disneyland Paris in Val d’Europe.
Finally, the company will open in the city of Venice with 175 units, and preliminary work is underway on a third Manchester property in St Peter’s Square, expected to open at the end of 2019 with 250 apartments.
Financial growth
Staycity finance director Colm Whooley said that the company has seen strong profit margins in 2017, as the annual turnover for the year is expected to reach €60 million.
“Brexit and general economic environment have remained a risk but we have attempted to reduce that risk, where possible, with a strategy of growing the business across a number of markets and actively managing currency exposure through foreign exchange hedging,” Whooley said.
Staycity properties are made up of studios, one-bedroom and two-bedroom apartments with 24-hour reception, kitchens, dining rooms, sitting areas and bathrooms.
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And wee Jeffrey still says NO! Whatever happens, the DUP will never take second billing.
@Richard Starling: anything that annoys the shinner vermin is fine with me. Surely it’s time for a hunger strike lol
Still a No so Jeffrey, there’s a surprise
What a charade! We rail about the lack of democracy in tin-pot dictator countries, while there is none on a part of this island!
The DUP are the infants that need to grow up and start doing their jobs.
@Todd Hebert: The DUP are not being petulant or immature imo. As I see it, they’re fastidiously implementing a strategy of stalling and ultimately destroying the GFA. Since it negotiations and through the entire life of the GFA, the DUP have never lived up to the GFA and they have no intention of ever living up to it. Their vote increased by .8 in the last election so they have a mandate and they’re looked after by British establishment. What is Ireland’s role? We should push for border polls imo
They are good at talking, I’ll give them that!
Cut their wages and they’ll be back in 24hrs
Can’t believe this is still going on. Bunch of big children.
So there’s still work to be done. By whom? I’d say the DUP!
Anything that upsets the shinners is fine with me
@Murray peter: Explains why your lot bow down to the Orange Order.
@Rob Cahill: what’s wrong with the wonderful orange order?
@Murray peter: What a sad wasted life you must lead.
@Murray peter: being a bigoted sectarian throw back to bygone era is enough.
@M Bowe: that perfectly describes you shinner subhumans lol
Please walk away from this mess instead of Dancing to the DUPs Tune, because they will ultimately want new Elections before they go back to Stormont.
If SF really want to pish them off, take up their seats in Westminster!
@Temp Stuff: that would mean s kum fein would have to do some work, no chance of that happening lol
@Temp Stuff: Do you really expect SG MPs to take an oath of allegiance to the Crown?
Do you really think their electorate would want them to do that?
@ItWasLikeThatWhenIGotHere: SF, not SG.
My typing is getting worse.
@ItWasLikeThatWhenIGotHere: yes, state the path either fingers crossed. It would just be a tactical decision for a suited period of time.
I’d have the DUP over the disgusting shinners any day
@Boris Blank: how about neither.Those two will never agree anyway.Maybe a few moderates from each of them and a combination of the Alliance SDLP UUP and anybody else that wants to see a future.
@Boris Blank: literally anyone is more desirable than the shinner vermin
@Murray peter: largest party on the island
@Comzi Walsh: only decent thing a shinner ever did was starve themselves. 10-nil to the Iron Lady lol
Israel/Palestine and Russia/Ukraine peace talks would be easier than trying to get the DUP to accept that there’s going to be a Nationalist First Minister. That’s been the issue all along. The Protocol was and is only a handy cover for their bigotry. The DUP only like democracy when it suits them. They don’t like when democracy gives them the answers they don’t like. They will never change, most of them don’t even believe in evolution, they’re stuck in the 1690’s and the modern thinkers of theirs still think it’s the 1920’s. They’ll never be pleased.
Peter Murray! Yeah your right,you a blue shirt!pretty much the same as the DUP!you remember the blue shirts Peter?
@Blaney Richard: thank you for the compliment :)
Sinn Gael
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