HOSPITALITY & LEISURE INDUSTRY TO BENEFIT FROM STRATEGIC ALLIANCE

Posted On Monday, 01 September 2003 02:00 Published by
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Golding Hotel Investment Consultants (GHIC), a member of the Pam Golding Property Group, has entered into a strategic alliance with Deloitte & Touche in regard to the interpretation of their South African monthly HotelBenchmark Survey results.
Golding Hotel Investment Consultants (GHIC), a member of the Pam Golding
Property Group, has entered into a strategic alliance with Deloitte & Touche
in regard to the interpretation of their South African monthly
HotelBenchmark Survey results. The parties will work together to provide
timely interpretations of selected survey information to investment leaders
in the hospitality and leisure industry.

The HotelBenchmark Survey contains the largest independent source of hotel
performance data outside of North America and tracks the performance of over
6 000 hotels. The South African survey collects occupancy and average room
rate data from over 200 hotels, representing over 27 000 rooms every month.
This makes it the largest independently run hotel performance survey in the
region.

Deloitte & Touche's resources include a global multi-disciplinary Travel,
Tourism and Leisure team. GHIC are widely regarded as the leading
facilitator in the hospitality and leisure industry in Southern Africa, with
strategic links with major global operators.  GHIC is involved in the
assembly, planning, development, leasing, acquisition and funding of
commercial developments in the industry with key areas including boutique
hotels, resort hotels, game lodges and golf and leisure property
investments.

Comments Joop Demes, MD of GHIC:  "We are delighted with this alliance and
have undertaken to work together with Robert O'Hanlon, the Deloitte & Touche
partner for Travel, Tourism and Leisure who is co-ordinating HotelBenchmark
Survey in South Africa."

Ends

Issued by Gaye de Villiers
Tel: 021 6837788 or 083 325 1939
On behalf of Golding Hotel Investment Consultants

Publisher: Gaye de Villiers
Source: Golding Hotel Investment Consultants

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