Staycity appoints Wayne Arthur as CFO
By George Sell
06 December 2018 | Updated 06 December 2018
Ireland: Staycity Group has former Prezzo CFO Wayne Arthur as chief financial officer.
Arthur succeeds finance director Colm Whooley who is stepping
down from his role to pursue personal interests.
"Colm has been an integral and respected member of the board and
the management team for nine years and together we have grown the
company significantly in this time. I would like to sincerely
acknowledge his contribution and unflinching support and thank him
for the commitment and expertise he has brought to Staycity during
what has been a period of rapid growth. He will be much missed by
myself and the team," said Staycity CEO and co-founder Tom Walsh.
Arthur joins Staycity in mid-January from casual dining chain
Prezzo, where he has been CFO for the past two years. Prior to that
he was finance director of Premier Inn having held a number of
positions at the company including financial controller, head of
trading - responsible for revenue management and pricing, strategic
planning director, and three years as finance director for the UK
business.
"Wayne brings a wealth of experience gained over 20 years in
financial roles in the hospitality sector, including 10 years at
Premier Inn where he was part of the growth story from 10,000 to
65,000 rooms. His broad commercial and financial expertise will be
a huge asset in supporting Staycity deliver further growth plans
and I look forward to welcoming him to the team," said Walsh.
Arthur said: "I am delighted to be joining Staycity at such an
exciting part of its expansion phase. Staycity has a fantastic,
well-defined customer proposition, which receives industry-leading
guest reviews. I feel very fortunate to be joining such a great
team in a sector that I enjoy."
Dublin-based Staycity, established in 2004 by Tom Walsh and his
brother Ger, now has 4,500 apartments [operational and pipeline]
across the Staycity Aparthotels and Wilde Aparthotels by Staycity
brands. The company's target is to operate 15,000 apartments by the
end of 2023.
