Signum Hotels & Resorts enters management agreement with London-based 360Stays
Signum Hotels, a fast-growing hotel management company in India, today announced entering 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 an unbeatable 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 comes into effect from 1 October 2022.
Commenting on the development, Mehul Sharma, Founder & CEO – Signum Hotels & Resorts said, “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.”
Sameer Arya, CEO – 360 Stays said “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.’