Signum Hotels announced entering a management agreement with 360Stays. Under this agreement, Signum Hotels will manage all 325 serviced residences operated by 360Stays across 39 locations in the UK.
Under the management agreement, Signum will operate 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 traveler market and further strengthen our visibility.”