Cytonn Launches Cysuites Hospitality to Better Hotel Experience in Kenya

Cytonn Investments Ltd has officially launched the Cysuites Hospitality, a serviced apartment hotel management company whose primary focus is optimizing the operational and managerial efficiency of serviced apartments on behalf of owners as well as investors.

Cysuites Hospitality will partner with existing hotel owners and investors keen on investing in the hospitality industry to garner a collective market share and enhance brand visibility. This will, in turn, create a stellar industry standard when it comes to serviced apartment hotels.

Cytonn’s Cysuites Hospitality promises a good return on investments for investors as it leans toward taking a data-driven approach in regards to making strategic decisions for the brand.

The management company also aims to streamline financial reporting to ensure comprehension as well as to bridge the tremendous gap that continues to exist between investors and operational reporting.

The launch of Cysuites Hospitality comes at a time when the hospitality industry is on a growth trajectory as it continues to recover from the ripple effects of the COVID-19 pandemic.

Based on the 2021 Edition of the Kenya Economic Update by the World Bank, tourist arrivals in Kenya continue to grow.

The demand for serviced Apartments in Nairobi also continues to grow with the investment opportunity lying in Westlands and Kileleshwa/Lavington. The sector recorded an average rental yield of 8.3 percent and 6.4 percent, respectively against a market average of 5.5 percent.

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The availability of high-quality serviced apartments, ease of accessibility, and proximity was attributed to most international organizations driving demand.

Leveraging this opportunity, Cytonn Investments ventured into the hospitality industry by launching Cysuites Apartment Hotel in Westlands.

The hotel offers contemporary living and working spaces for leisure travelers and business-oriented persons.

Cysuites features fully furnished and spacious apartments that offer the perfect home away from home feel. The units are fitted with the amenities to meet the needs of short and extended stays for both business and leisure travelers.

The range of products and services provided include accommodation, a restaurant and bar, event and meeting spaces, a heated swimming pool, and a gym.

Since its launch, Cysuites has become quite popular among clients. In, 2021, it defied the odds to earn the highly coveted 2021 Travelers Choice Awards by Trip Advisor.

The award celebrates hotels that have consistently delivered great experiences to travelers across the world.

Trip Advisor recognized the luxurious serviced apartment for standing out by providing exemplary services and creating unforgettable experiences for its guests, especially during the pandemic period.

Drawing on the success of the apartment hotel, the launch of Cysuites Hospitality serves to give investors an equal chance of investing in the lucrative business that is the hospitality industry.

From site identification to construction, re-opening, and successful running of day-to-day operations, Cysuites Hospitality will guide investors at every stage of the hotel development and management process. This will guarantee equality, credibility, and transparency.