ECE acquires two UK extended-stay hotels amid regional expansion
🏨 ECE Work and Live acquired two Staybridge Suites hotels in Liverpool and Newcastle, UK, as part of its strategy to expand into regional cities. The transaction marks the first step towards building a portfolio of seven to eight hotels, with an investment of up to £150 million. The Liverpool hotel, opened in 2008, has 132 rooms; Newcastle's, opened in 2009, has 128 rooms. Cycas Hospitality manages both properties. Maya Capital sourced and manages the assets.
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