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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.