Staycity Group completed the acquisition of a 74.9% stake in Felix Group.

Staycity Group, an aparthotel operator, completed the acquisition of a 74.9% stake in Felix Group, a hospitality company operating aparthotels in Germany and Austria. Financial terms were not disclosed. "We are thrilled at the prospect of operating aparthotels in the heart of these three beautiful European cities and very much look forward to working with the team at Denkmalneu as well as welcoming new colleagues from the Felix Group," Tom Walsh, Staycity CEO.