Cycas Hospitality appoints new CFO for growth strategy

Hotel management company, Cycas Hospitality – a long-stay specialist provider based in the Netherlands – has appointed a new chief financial officer (CFO).

Peter Habelitz joins the company from Penta Hotels, where he was vice president of finance, bringing with him more than 15 years’ of commercial financial experience, including in mergers and acquisitions.

He also worked at Lufthansa AirPlus Group for three years and spent eight with Deloitte Germany, coordinating financial audits and supporting transaction services.

Cycas has recently made other appointments to its Amsterdam-based team as parts of plans for growth. These include Gustav Tuvesson as director of finance for hotel operations, Miyo Okuda as development & corporate finance manager and Kateryna Blom as consolidation controller.

Announcing Habelitz’s appointment, Matt Luscombe, CEO of Cycas Hospitality, said: ‘Peter’s experience of leading the finance department for a large, pan-European hotel business is a perfect fit as Cycas continues to grow its European footprint.

‘Following the appointments of Peter, Gus, Miyo and Kateryna, we have added four nationalities, eight languages and a wealth of professional experience to Cycas’s finance team.

‘With the right leadership now in place, we can accelerate our strategy to build a best-in-class finance, technology and business intelligence capability that delivers even greater value for our hotels and owners.’

Cycas’s portfolio features hotel properties in the UK, Germany, Belgium, France and the Netherlands.


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