Serviced apartments giant Staycity, which caters for short-and long-stay travellers, has announced a €22.5m financing deal with Dunport Capital. Serviced apartments giant Staycity, which caters for short-and long-stay travellers, has announced a €22.5m financing deal with Dunport Capital. Looking to this year and the group said it is on target to deliver revenues of over €100m in 2020. Last year also marked Staycity’s entry into the German market with the opening of a 48-apartment Wilde Aparthotel by Staycity, the company’s premium brand. By 2021 Staycity expects to have over 1,000 apartments operating in Dublin.

Source: Irish Independent January 06, 2020 10:41 UTC