Positive growth forecast for East African hotel sector
Positive growth forecast for East African hospitality sector.
Tsogo Sun eyes stake in struggling REIT, Hospitality Property Fund
Tsogo Sun is in talks to buy a significant stake in struggling real estate investment trust, Hospitality Property Fund in what could be the first step in its plan to list a property fund.
Hospitality Property Fund acquires Radisson Blu Gautrain hotel for R443m
Hospitality Property Fund says HPF Properties has entered into a new sale agreement with Savana Property to acquire 100% of the Radisson Blu Gautrain hotel in Sandton for R443.385m.
Rezidor eyes more hotels in sub-Saharan region
The Rezidor Hotel Group, whose brands include Regent, Hotel Missoni, Radisson Blu and Park Inn, intends to ramp up its presence in South Africa and the rest of sub-Saharan Africa as part of its focus on high-growth emerging economies.
Radisson Blu open its first hotel in Maputo
Radisson Blu is continuing to expand its global footprint with the opening of its first property in Maputo, Mozambique.
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