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aReit Prop plans a R300 million listing on the JSE in February

aReit Prop plans a R300 million listing on the JSE in February
iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.

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Cape Town Tourism cautiously optimistic about industry rebound


Cape Town Tourism is feeling ’cautiously optimistic’ as a few new hotels open up in the Mother City and new hotel groups arrive. The newly renovated Cresta Grande Hotel opened on Strand Street. Picture: Armand Hough/African News Agency(ANA)
Cape Town Tourism cautiously optimistic about industry rebound
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Cape Town - A new hotel, the Cresta Grande, opened its doors on Thursday, bucking a trend that has seen a number of businesses in the hospitality trade close as a result of the Covid-19 pandemic.
Cresta Hotels group executive, Chipo Mandela, said the hotel, which has taken up the building that until recently housed the Holiday Inn on the corner of Loop and Strand streets, was aimed at leisure and business travellers in the four-star market. ....

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LOOK: Mother City welcomes opening of Cresta Grande Hotel


LOOK: Mother City welcomes opening of Cresta Grande Hotel
Southern African hospitality group, Cresta Hotels, on Thursday opened its first hotel in South Africa.
The African group currently operates 17 hotels in Botswana, Zimbabwe, and Zambia, and has a range of properties in prime locations across Sub-Saharan Africa.
The new Cresta Grande Hotel is in Cape Town, the internationally popular ’Mother City’.
Cresta Grande is an urban 242 Roomed hotel located in the heart of Cape Town, 5 mins away from the V&A Waterfront.Posted by Cresta Grande Cape Town onThursday, April 15, 2021
“We are delighted to start welcoming local, regional, and international travellers to Cresta Grande,” said the managing director for Cresta Hotels, Chipo Mandela. ....

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