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In a research study commissioned by Tongaat Hulett and conducted by GIW Consulting (Pty) Ltd, director Graham Wood says following an analysis of STR Global's independent metrics of the Umhlanga Hotel market, several interesting conclusions arose.
Protea Hotels will invest about R627m developing two hotels in Uganda, says group.
Protea Hospitality Group says it is significantly expanding its Protea Hotel in Lusaka as part of its African expansion drive.
An undersupply of quality hotels catering to business travellers means hospitality development in commercial centres has become a pivotal strategy for hoteliers
Falling bookings from SA's traditional international arrivals and local business in the downturn exposed hotel oversupply after the 2010 soccer World Cup.
Tsogo Sun says it will retain its commitment to Durban's 'Golden Mile' through a R220m refurbishment, consolidation and relaunch of the Southern Sun Elangeni and Southern Sun North Beach hotels into one complex.
Growthpoint Properties has signed a ten-year deal with the Protea Hotel Group to take over the hotel at Constantia Park in Johannesburg's upmarket Constantia Kloof basin.
Hotels and hospitality group Protea Hotels is "actively" looking to establish a presence in a number of other African countries, said managing director Arthur Gillis yesterday.