Thabang Mokopanele’s article entitled “Hotels a risky bet now: says Grindrod” in the Business Day of Monday 14 June refers.
 
One&Only Cape Town has no relationship with Grindrod Bank or its chief investment officer Ian Anderson.

We are deeply disappointed by Anderson’s unfounded and untrue comment regarding the resort’s occupancy levels during the 2010 FIFA World Cup. Anderson’s observation is merely speculation and certainly not based on fact.  One&Only Cape Town’s occupancy for the majority of the World Cup period is at 85%.  
 
 
Tony Romer-Lee
General Manager