Staycity appoints Wayne Arthur as CFO
George Sell
Uploaded 06 December 2018
Ireland: Staycity Group has former Prezzo CFO Wayne Arthur as chief financial officer.
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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.
