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Kasada to Acquire 414-Key Safari Hotels & Conference Centre, the Largest Hospitality Complex in Namibia

Kasada to Acquire 414-Key Safari Hotels & Conference Centre, the Largest Hospitality Complex in Namibia
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Namibia s Vice President Lauds IMBISA for Including Youth in Ongoing Plenary Assembly

The Vice President of Namibia has commended members of the Inter-Regional Meeting of the Bishops of Southern Africa (IMBISA) for including young people in their 13th Plenary Assembly being held in country’s capital city, Windhoek.

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Kasada Capital Management acquires the largest hospitality complex in Namibia

Kasada Capital Management has announced the acquisition of the 414-key Safari Hotels and Conference Centre in Windhoek, Namibia. The transaction will be made through Kasada Hospitality Fund LP and remains subject to approval by the Namibian Competition Commission. The hotel complex is strategically located within ten minutes of Windhoek’s city center and adjacent to Eros Airport. It consists of the 215-key Safari Court Hotel, the 199-key Safari Hotel and Namibia’s foremost Meetings, Incentives, Conferencing, Exhibitions (MICE) venue, the Safari Court Conference Centre that includes a 1,600m2 grand ballroom that can hold up to 2,400 delegates. Kasada will rebrand the hotels utilizing the management skills, expertise and marketing resources available from its strategic partnership with Accor and its portfolio of renowned international hotel brands.

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Kasada to Acquire 414-Key Safari Hotels & Conference Centre, the Largest Hospitality Complex in Namibia

Press release content from Business Wire. The AP news staff was not involved in its creation. Kasada to Acquire 414-Key Safari Hotels & Conference Centre, the Largest Hospitality Complex in Namibia May 12, 2021 GMT JOHANNESBURG & PORT LOUIS, Mauritius & WINDHOEK, Namibia (BUSINESS WIRE) May 12, 2021 Funds advised by Kasada Capital Management today announced the acquisition of the 414-key Safari Hotels and Conference Centre in Windhoek, Namibia. This transaction will be made through Kasada Hospitality Fund LP (“Kasada”) and remains subject to approval by the Namibian Competition Commission. The hotel complex is strategically located within ten minutes of Windhoek’s city center and adjacent to Eros Airport. It consists of the 215-key Safari Court Hotel, the 199-key Safari Hotel and Namibia’s foremost Meetings, Incentives, Conferencing, Exhibitions (MICE) venue, the Safari Court Conference Centre that includes a 1,600m 2 grand ballroom that can hold up to 2,400 delegates.

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