Signum Hotels, a fast-growing hotel management company in India, says it has entered a management agreement with London-based 360Stays. Under this agreement, Signum Hotels will manage all 325 serviced residences operated by 360Stays across 39 locations in the UK.
London-based 360Stays offer a wide range of serviced accommodation in the UK ranging from studio apartments to large 6-bedroom residences. Under the management agreement, Signum will operate all 360Stays properties, across the UK, re-branded as ‘360Stays by Signum’. The management agreement has come into effect from October 1.
“I am quite thrilled by this alliance. This will further strengthen Signum’s vision of expanding in key global markets. The Company will continue to expand across the UK, India, Canada, and Dubai,” says Mehul Sharma, Founder & CEO – Signum Hotels & Resorts.
“We are elated to sign Signum Hotels as our managing partner. This collaboration will help us tap into the lucrative Indian traveller market and further strengthen our visibility,” says Sameer Arya, CEO of 360Stays.
360Stays operates fully serviced apartments across multiple locations in the UK including Birmingham, Dorking, Eton, Hampton, Harrow, Heathrow, Leicester, Oxford, Reading, Southall, Wembley and more. The ‘360Stays by Signum’ room inventory will be bookable on www.signumhotels.com by October end this year.