Africa: Best Premier Hotel up for Sale

By Friday Nwosu The management of Best Premier Hotel and Resort, Port Harcourt one of the oil rich states in Nigeria is seeking for suitable buyers to acquire the four star hotel. The hotel situated at KM 27 Aba-Port Harcourt express way is a market leader in the Port Harcourt region and its environs. The hotel which is on a […]

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News: British woman abandons son in Majorca hotel to go partying at Night

A British holidaymaker has been arrested on the island of Majorca after leaving her seven-year-old son alone in their hotel room to go partying. Several residents at the Hotel Canarios Park alerted staff, who found the boy crying, saying he had woken up to find no-one there. Police were called and the 25-year-old woman was arrested after she returned to […]

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African Hotel: Abuja Sheraton makes improved profit income in 2015 – Ibru

Capital Hotels Plc, owners of Sheraton Hotel and Towers Abuja yesterday disclosed that the a turnover of N4.69 billion was recorded in 2015 as against N4.55 billion earned in 2014 representing 3.08 per cent? increase as at 31st December 2015. The reason for the increase despite the impact of the insurgency in the North-east that has put much pressure on […]

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Africa: Did Ghana Tourism Authority spend Tourism Tax monies on official Vehicles?

The Hotel Association is accusing the Ghana Tourism Authority of misappropriating the one percent tourism levy. The Tourism Development levy is the one percent of the cost payable by a patron of a tourism facility. According to the Association, monies supposed to be used for the development of the tourism and hotel sector is being used to purchase vehicles for […]

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African Hotel: Sea Cliff Court, experience a perfect home away

By Renn Offor A walk into Sea Cliff Court Hotel and Luxury Apartments, and you discover that you have found your home away from home. Sea Cliff Court Hotel and Luxury Apartments is situated in and considered to be among dar es salaam top accommodation complexes. The biggest and most fascinating aspect of this hotel is it beautiful staff. The dedicated […]

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Africa Hotel Investment – Cairo and Cape Town on Top

Cairo and Cape Town’s hotel markets have experienced strong performances over the past five years, according to figures from data and analytics specialist STR. Despite political turmoil, Cairo is starting to recover and the compound of annual growth rate (CAGR) for revenue per available room (RevPAR) was up 14.9% for the 2011 to 2015 time period. In the first quarter […]

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Quantum Global buys Lusaka InterContinental for $35.9mln

Quantum Global Investments Africa Management announced that it has acquired Lusaka’s InterContinental Hotel from Kingdom Hotel Investments in a deal that closed at the end of March. The transaction, which sees Quantum pay $35.9 million for 100% of the InterContinental Hotel marks the debut investment for one of Quantum’s funds, the $500 million QG Africa Hotel, a Mauritius-based investment fund. […]

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