Fidentia fraud case, masterminded by Fidentia boss J Arthur Brown, is over as his One & Only Hotel is sold for R39m.

During what may be described as a tumultuous 2016 to date, while trading conditions in the property auction arena have proven challenging, retail shopping centres, service stations, hotels and residential blocks have shown resilience throughout this period and are still in strong demand.

Fashion icon Karl Lagerfeld announces he plans to launch his own branded hotel chain, with the first property set to open in the Chinese gambling hub of Macau in 2018.

For some firms, being awarded an instruction to value a property or portfolio of real estate assets is often not given sufficient regard, says TC Chetty, country manager for South Africa for the Royal Institution of Chartered Surveyors (RICS).

Marriott International (NASDAQ: MAR) today announced plans to debut Element Hotels , the stylish eco-incubator brand in Egypt in early 2019. Located in Cairo’s upscale Heliopolis district and slated to be the largest Element Hotel in the Middle East and Africa.

Global hotel operator Marriott International is set to open its first hotel in SA in the up market Melrose Arch precinct.

Amdec develops five new hotel properties for Marriott International in Cape Town and Johannesburg, South Africa.

Hilton Garden Inn Accra Liberation Road becomes landmark deal, with additional signings in Kenya and Nigeria as Hilton seeks to double its presence across the continent.

Mara Delta (formerly Delta Africa), the first multi-listed property fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today announced the successful acquisition of the Tamassa Resort, located in Bel Ombre on the south western coast of Mauritius.

Positive growth forecast for East African hospitality sector.