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Tags archive: Hospitality and Tourism

Home /Tag: Hospitality and Tourism
Hospitality, Tourism & Entertainment

Waldorf Astoria and Canopy by Hilton to debut in Seychelles in 2023

February 11, 2021 0

SEYCHELLES - Hilton Hotels & Resort has announced the signing of management agreements to bring its iconic luxury brand, Waldorf Astoria Hotels & Resorts, as…

Hospitality, Tourism & Entertainment

Sun International becomes latest member of Global Hotel Alliance

February 3, 2021 0

SOUTH AFRICA - Global Hotel Alliance ("GHA"), the world's largest alliance of independent hotel brands, and operator of the award-winning, multi-brand loyalty programme, DISCOVERY, announced…

DealStreet Africa

Asset manager Futuregrowth acquires stake in Thebe Tourism Group

January 28, 2021 0

SOUTH AFRICA – Fixed -interest asset manage Futuregrowth Development Equity Fund has acquired a significant stake in Thebe Tourism Group, alongside its senior management. The…

Financial Services

National Bank of Ethiopia approves US$76m stimulus package for hospitality sector

January 25, 2021 0

ETHIOPIA - The National Bank of Ethiopia (NBE) approved a new financial stimulus package for the country’s hospitality industry in response to the Covid-19 pandemic…

DealStreet Africa

Kenya’s competition authority approves Norfolk hotel sale

November 19, 2020 0

KENYA - The Competition Authority of Kenya (CAK) has approved the buyout of Saudi billionaire Prince Al-Waleed bin Talal stake in the troubled Fairmont The…

Hospitality, Tourism & Entertainment

US’s RED constructs a luxury lodge in Nambiti Game Reserve, South Africa

October 26, 2020 0

SOUTH AFRICA – American group, Really Epic Dog (RED) is constructiong a luxury lodge in the Nambiti Game Reserve outside Ladysmith, KwaZulu-Natal in South Africa.…

Hospitality, Tourism & Entertainment

American vacation rental online marketplace Airbnb eyes $30 billion IPO valuation

October 8, 2020 0

GLOBAL – Airbnb, an American vacation rental online market place, is hoping to have a valuation of US$30 billion in the IPO slated in the…

Hospitality, Tourism & Entertainment

Radisson Group opens new hotel in Johannesburg

September 30, 2020 0

SOUTH AFRICA - Radisson Hotel Group is on track to open its new twelfth hotel in South Africa with the unveiling of the Radisson Hotel…

Hospitality, Tourism & Entertainment

Serena expands into DRC with new Goma hotel

September 25, 2020 0

DRC - Serena Hotels has opened a new five-star Goma Serena Hotel located at the lakefront of Lake Kivu in Goma, the capital of North…

Hospitality, Tourism & Entertainment

Zimbabwe’s RTG upgrades its Rainbow Towers for $4.4 million

September 25, 2020 0

ZIMBABWE - Hospitality group Rainbow Tourism Group (RTG) has announced the upgrading and development of one of its five-star hotels, Rainbow Towers at a cost…

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