The multiple award winning Table Bay hotel in Cape Town is another award richer.

A technical recession and low investor confidence has produced a seven-year investment low in the commercial property market.

The continent continued to attract new regional and global investment, whilst economic and political events, currency shifts and fluctuating tourism demand brought both risks and rewards to hotel markets across the region.

A decade after the global financial crisis, the Royal Institution of Chartered Surveyors (RICS) Investment Risk Forum (IRF) - which comprises more than 40 of the world’s most influential real estate investors - has found that diminishing returns are driving real estate investment diversification.

Modernist design landmark evolves into iconic residential-hotel development.

South African property development company, Billion Group – known for its development of major malls – on Wednesday evening celebrated its inroads into hotel development with the opening of the four-star, R130-million Mayfair Hotel in Mthatha, adjacent to the company’s R1.4-billion BT Ngebs City regional mall.

“Recently, we’ve witnessed a noticeable shift in the nature of hotel development in South Africa and the manner in which such developments are funded and owned,” states Wayne Troughton, CEO of HTI Consulting, a specialist hospitality and real estate consulting firm.

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.

Investment grade hotel assets on the continent are traditionally tightly held due to the dominance of owner operators, high net worth individuals and family offices.

Hilton (NYSE: HLT) has signed a management agreement with Group Sadiki to open its first hotel in Casablanca.