Marriott is now Africa's largest hotel company

2014/04/24 8:26:00

Marriott International is now the largest hotel company in Africa, since it has completed its $186 million acquisition of Protea Hospitality Group. The acquisition nearly doubles Marriott's presence in Africa and the Middle East, adding 23,000 rooms and giving Marriott a total of 160 hotels in the region.

Marriott is now Africa's largest hotel companyMarriott’s new Protea portfolio consists of 10,148 rooms in seven African countries including South Africa. The company now manages, franchises and leases hotels across the Protea Hotels brand (103 hotels), comprising a diverse range of hotels and resorts; the award-winning lifestyle boutique Protea Hotel Fire & Ice! (2 hotels); and the superior deluxe African Pride Hotels collection (11 hotels). In addition to its 79 hotels in South Africa, Marriott’s Protea portfolio also has 37 hotels in Malawi, Namibia, Nigeria, Tanzania, Uganda and Zambia.

Marriott also has more than 65 new hotels that will add another 14,300 rooms in the pipeline. The hotel company signed more than one hotel project per day in 2013, totalling a record 387 hotel deals.

Image by marriott.com

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