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Marriott to Become Largest Hotel Company in Africa

Old May 22, 2014, 2:57 pm
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Marriott to Become Largest Hotel Company in Africa

 
Old Nov 12, 2013, 4:13 pm
  #16  
 
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CEO Arne Sorenson blogs on Africa on Linkedin.

Arne Sorenson: Africa Connection

In the last decade, it also became clear why intellectually we wanted to join the hospitality industry in Africa. The region sports many of the world's fastest growing economies, with one of the youngest global populations and a rapidly expanding middle class. Its a huge bright spot for travel and tourism, both as a destination and a source of new global travelers.

Since that first visit to the continent, Ive been back many times, most recently to Johannesburg, Durban, Capetown and Bloemfontein, South Africa, where I stayed in Protea Hotels. Needless to say, I was impressed with the sophisticated style, comfort and service I experienced.
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Old Nov 13, 2013, 2:02 am
  #17  
 
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Marriott to Become Largest Hotel Company in Africa

As happy as I am about these new choices, I'd hope they'd buy another European chain and have a better network here in Germany/France/Benelux. NH comes to mind, perfect for rebranding into Fairfield/Courtyard/AC...
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Old Nov 13, 2013, 10:42 am
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Originally Posted by Muerz
As happy as I am about these new choices, I'd hope they'd buy another European chain and have a better network here in Germany/France/Benelux. NH comes to mind, perfect for rebranding into Fairfield/Courtyard/AC...
I think they have a heck of a lot of options for France.
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Old Nov 13, 2013, 10:48 am
  #19  
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Originally Posted by BostonFlyer1624
I think they have a heck of a lot of options for France.
Adding AC already got Marriott properties in France. I would expect NH shareholders want a very hefty price otherwise Starwood or perhaps Hilton would have already stepped in. All IMHO.
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Old Nov 13, 2013, 11:30 am
  #20  
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Protea Hotel at Kruger Gate is a solid property.
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Old Dec 24, 2013, 12:08 pm
  #21  
 
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Just In Time

My sister is getting married late next year and I hoped to use my Marriott pts as a wedding gift. Hopefully the transition will move swiftly and the hotels will have a fair redemption value.
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Old Dec 25, 2013, 6:24 pm
  #22  
 
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I've been (so far unsuccessfully) looking for a web page that shows a map to where the Protea hotels are located. Anyone know of such a page? Would help in planning future travel.
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Old Dec 26, 2013, 5:55 am
  #23  
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Originally Posted by GetawaysRus
I've been (so far unsuccessfully) looking for a web page that shows a map to where the Protea hotels are located. Anyone know of such a page? Would help in planning future travel.
http://www.proteahotels.com/Pages/Destinations.aspx
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Old Dec 26, 2013, 6:00 am
  #24  
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Originally Posted by BostonFlyer1624
I think they have a heck of a lot of options for France.
Have a look at this map. http://www.marriott.com/hotel-search/france.hotels/
It looks pretty empty for the major part of France. Even Orlons, Metz, Bordeaux have no Marriott. (not to speak of the Prigord and Provence region that attracts many tourists although that may not be the public that Marriott is aiming at.)
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Old Jan 22, 2014, 8:02 am
  #25  
 
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Marriott buying Protea Hospitality Holdings Bring on the Safaris!

http://www.proteahotels.com/Pages/default.aspx

http://abcnews.go.com/Health/wireSto...-186m-21620265

Have to check out the properties a bit more, but location looks pretty interesting.
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Old Jan 22, 2014, 9:01 am
  #26  
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http://www.flyertalk.com/forum/marri...ghlight=africa
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Old Jan 22, 2014, 4:00 pm
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Deal is firm, now scheduled to close on April 1, 2014. Here's the press release from Marriott, and Bill's thoughts on his blog.

Press Release:
Under terms of the agreements Marriott will pay approximately 2.02 billion rand, or approximately US $186 million at current exchange rates, subject to normal closing adjustments. The purchase price represents approximately 10 times anticipated pro forma 2014 calendar year EBITDA (earnings before interest, taxes, depreciation and amortization) excluding transaction costs.
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Old Jan 22, 2014, 6:06 pm
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I love Marriott and I always use Protea in ZA! Perfect!
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Old Jan 22, 2014, 9:21 pm
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So if the deal closes on April 1, 2014, is there any information on when one might be able to use Marriott points at Protea Hotels? I've not seen anything so far and I have no clue what the hotel categories might be.

Does anyone remember how quickly newly purchased hotel chains (for example, the AC Hotel chain in Europe) are integrated and available for stays using Marriott points or e-certificates?
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Old Jan 29, 2014, 11:24 am
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Planning a Safari trip in Dec/Jan and have to layover @ JNB. The airport Protea looks fairly decent and the price good too at a third of the IC, might just make a booking now as I'm guessing prices will go up. Looks like they also have a hotel in the intl terminal which you can pay by the hour.
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