The expansion is part of a wider development pipeline to add over 4,000 'keys' or rooms across Europe; includes projects in the UK, France, Germany, and Austria, where a property in Vienna opened under the Wilde brand in 2025, according to accounts just filed for Staycity Investments Holdings Ltd.

For the year ended December 31 2024, the group reported turnover of €243.56m and profit after tax of €29.65m.

That compared to turnover of €229.3m in 2023 and after tax profit that year of €32.8m. The drop in profit reflects restructuring and refinancing costs during the year, the accounts said.

During the year the group cancelled an undrawn €30m convertible loan note from the Ireland Strategic Investment Fund, reflecting confidence in its balance sheet and access to alternative financing.

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