Global leader in integrated hotel management and operations solutions, Valor Hospitality, has cemented its expansion in East Africa with the announcement of the signings of two new developments: the TUI Blue Watamu Hotel in Kenya and Zanzibar’s first Canopy by Hilton.

The prestigious @Sandton Hotel celebrates a remarkable milestone - two years of leadership marked by innovation, resilience, and exceptional hospitality.

The way in which we work and live has been steadily changing since the millennium and, accelerated by the disruption of the pandemic, it’s now very different than it was just a decade ago and real estate footprints are already being planned for a different and more flexible future.

The level 1 BBBEE contributor provides full services to Hilton International as well as other hotels chains and is the first South African security company to go international.

Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced today that it has arranged R430 million of mezzanine funding for the development of Seaton Estates, a residential coastal development located on the North Coast of Kwa-Zulu Natal, South Africa.

Spear REIT Limited (SEA:SJ), with its exclusive focus on high quality Western-Cape only assets, released its FY2021 results on 14 May 2021.

Wednesday, 16 September 2020 12:45

IFA Fair Zim Hotel & Resort enters business rescue

As the Covid-19 crisis continues to disrupt local and global travel and tourism markets, IFA Fair Zim Hotel & Resort Proprietary Limited announced today that the company entered business rescue on Wednesday 16 September 2020 to safeguard the interests of all its stakeholders.

JSE listed Spear REIT Limited announced the appointment of Mrs. Kim Pfaff-Karg as Chief Investment Officer who will join the business on the 1st of March 2020.

“Overall many key African hotel markets reflected a positive turnaround in tourism in the first half of 2018,” says CEO of HTI Consulting, Wayne Troughton. “Though many of these markets continue to trade off a low base, the positive growth in room nights sold bodes well for future occupancy increases and hotel supply,” he states.

The hospitality and gaming industry in South Africa might be perceived as male dominated terrain but within Sun International’s sales team, women are the majority.

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