Economic factors such as rising fuel costs coupled with a general need for convenient access is seeing Vaal Dam leisure properties receiving renewed interest from leisure home buyers, reports Phil Medlock, area principal for Pam Golding Properties.

The outlook for the hotel industry in Sub-Saharan Africa looks increasingly positive, with potential growth of 7-15 percent in RevPAR (revenue per available room) expected for 2012 compared with 2011 - which augurs well for the future of the industry in the region, said Joop Demes, CEO of Pam Golding Hospitality, a member of the Pam Golding Property group

Attempts to turn central Cape Town luxury leisure development 15-on-Orange into a viable project have apparently taken a turn for the worse

The hospitality industry which boomed in South Africa in 2010 has admittedly had some post World Cup benefit. The industry has also shed some of its fly-by-nighters. However the debate continues as to whether hotel rooms are overpriced and over accommodated. Regardless, the question remains: aren’t hotels a property industry problem and therein lies the root dynamic behind the quantity and price of rooms?

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.

The Tinapa project in Calabar, the capital of Cross River State in southern Nigeria, would be a catalyst for investment into the impoverished country, President Olusegun Obasanjo predicted.