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R1.5 Billion Sunk into Refurbishments & New Hotels for the Protea Hospitality Group
Some R1.5 billion has been sunk into 8 new Protea Hospitality Group hotels, the refurbishment of 17 others to world-class standard and contracts to bring 5 additional hotels into the portfolio in the past year.
The construction projects, management acquisitions and refurbishments are taking place in 5 countries; South Africa, Nigeria, Uganda, Zambia and Tanzania.
The three brands are to be found in strategic locations right across South Africa, with approximately 90 properties in all the major and secondary business centres, as well as safari lodges and beachfront hotels that are loved by leisure travellers. The group is also rapidly expanding across Africa, with all the new builds taking place in Nigeria, Uganda and Zambia.
Gillis said the company was viewing the continent with much optimism this year, despite the uncertainty facing the global economy.
“As political stability and business opportunities increase, there is a greater need for hotels and we’re leading the charge,” said Gillis. “Countries such as Nigeria, Zambia, Uganda and Angola are flying in the face of global economic trends as far as hospitality is concerned. Africa’s trading partners have also changed in recent years, which is spurring unprecedented growth in regions that have previously not seen the numbers.
“Hospitality groups would be foolish not to be wondering where their opportunities lie and researching which areas of the continent are drawing the largest percentage of commercial travel,” Gillis said.
“The Protea Hotels property brand standard is perfectly appointed, stylish and elegant. In today’s competitive market it’s critical that our product offering remains fresh and relevant in order to meet and exceed our GUESTS needs which is why this extensive refurbishment exercise has been so widely undertaken,” Gillis said.
“Hotels in Africa are competing on a global level. To remain competitive to the leisure, business and MICE markets it must be best foot forward, with a service ethos to match. I have no doubt that Protea Hotels is not only matching that competitive level, but in most instances exceeding it.”
Refurbishments recently completed, underway, or planned for the new future:
Hotels added/to be added to the Protea Hospitality Group portfolio: