Following two years of strong double digit growth, the national 2014 year to date average RevPAR growth as at the end of September 2014 is 8.3% compared to the same period last year.
The former grande dame of Johannesburg hotels is set to open its doors as the Four Seasons Westcliff in December after a complete facelift
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.
You’d struggle to find a better emblem of the bubbling conflicts of interest that scar the property industry than the Hospitality Property Fund — symptomatic of a sector where “anything goes” is almost a mission statement.
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