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.

Thursday, 01 September 2016 13:03

Tsogo Sun to acquire control of Hospitality

Confirmation of the Effective Date of the Transaction.

Hospitality turns around under the management of CEO Vincent Joyner and is set to compete with other mid-cap property companies on the JSE, following an investment from Tsogo Sun.

Thursday, 25 August 2016 17:22

Murray and Roberts exits construction sector

Murray and Roberts will focus on three core sectors in future — underground mining, oil and gas, and power and water, says group.

Properties bought off plan in new residential developments in Century City in recent years have shown capital appreciation of between 20 to 35 percent by the time purchasers have taken transfer 18 months later.

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