ANEW Hotels & Resorts is growing its national footprint after concluding an agreement to acquire an additional six properties, bringing the ANEW stable to 11 hotels and resorts countrywide.
“We are thrilled to see so many South Africans exploring the country and visiting our properties,” says Clinton Armour CEO of ANEW Hotels & Resorts. “Over the past two years, we have been actively looking for additional properties to expand the ANEW footprint and were determined to find the right properties and partners in order to grow the brand effectively and sustainably.”
“We believe we’ve found our match in the Fortis brand and concluded an agreement to acquire an additional six properties, bringing the ANEW stable to 11 hotels and resorts countrywide. We feel this acquisition shows confidence not only in the sector but in the country as well.”
“The Fortis culture is very similar to that of ANEW and the synergies of culture, people and technology, made the team-up a natural fit,” continues Armour. “The Fortis portfolio is well-positioned, with the right number of hotel keys per hotel (approx.600 in total) and gives ANEW an immediate national footprint, in many key nodes, which we were after. The ANEW Group will now manage just over 1000 keys.”
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