The hotel was acquired by Vertiq Capital, an investor active in the hospitality sector across Europe.
Located on London’s South Bank, the 161-room is a short walk from Waterloo, Blackfriars and London Bridge stations. With seven stylish suites, the well-connected property has proved a popular choice for discerning travellers since opening in 2018.
Reflecting its location in the heart of cultural London - with Tate Modern and the National Theatre on its doorstep – the boutique hotel offers an artist-in-residence programme from its dedicated ground floor gallery space as well as eclectic artwork and timeless design throughout.
Hotel guests also benefit from the popular all-day restaurant Art Yard Bar & Kitchen, a private dining room, an outdoor terrace area, gym, and four meeting rooms.
Cycas has appointed Zac Pearse as general manager. Pearse joins from Malmaison London, where he had spent nine years, and previously managed hotels with the deVere Group and Guoman and Thistle hotels.