Hospitality

Latest Hospitality News
IFA Hotels
LifestyleHospitalityHot News

Kuwait’s IFA Hotels plans $61 million South African property rollout

Kuwait’s IFA Hotels plans a $61 million South African property rollout over five years, starting with 146 luxury homes at Zimbali Lakes.

Feyisayo Ajayi Feyisayo Ajayi
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Dr. Awele Vivien Elumelu.
Hot NewsBusinessHospitality

Dr. Awele Elumelu leads Transcorp Hotels to $11.7 million nine-month profit

Transcorp Hotels recorded a profit of $11.7 million in 2026 under Dr. Awele Elumelu, driven by lower finance costs and tight expense management.

Omokolade Ajayi Omokolade Ajayi
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Morocco hospitality expansion
BusinessCompaniesHospitality

Pickalbatros secures $250 million IFC, Attijariwafa financing for Morocco expansion

Pickalbatros secures $250 million from IFC and Attijariwafa Bank to acquire Casablanca hotels, upgrade Moroccan resorts and refinance debt.

Feyisayo Ajayi Feyisayo Ajayi
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South African billionaire Koos Bekker, chairman of Naspers and Prosus.
Hot NewsBusinessHospitalityLuxury

South Africa’s $3.2 billion man buys 2,700 acres of English countryside

South African billionaire Koos Bekker has quietly acquired over 2,700 acres in Somerset, turning rural England into an ultra-luxury playground.

Omokolade Ajayi Omokolade Ajayi
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Hemingways Nairobi
HospitalityLifestyleTourism

Hemingways Nairobi becomes first Kenyan hotel to join Leading Hotels of the World

Hemingways Nairobi joins Leading Hotels of the World as Kenya’s first and only member, expanding its global luxury reach.

Timilehin Adejumobi Timilehin Adejumobi
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Voco hotels, IHG Hotels & Resorts’ fastest-growing premium brand
HospitalityBusinessHot NewsLifestyle

IHG’s voco hotels opens first East African property in Nairobi

IHG Hotels & Resorts has opened voco Nairobi Airport Suites, its first voco property in East Africa, adding 112 suites near Jomo Kenyatta International Airport.

Omokolade Ajayi Omokolade Ajayi
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Ugandan tycoon Ponsiano Ngabirano
BusinessCompaniesHospitalityHot News

Ugandan tycoon Ponsiano Ngabirano’s Marriott Hotel valued at $166M after pension deal

Ponsiano Ngabirano’s Kampala Marriott Hotel is valued at $166 million after Uganda’s NSSF invested $50 million for a 30% stake.

Omokolade Ajayi Omokolade Ajayi
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RTG Towers Hotel
HospitalityLifestyle

Zimbabwe’s RTG to turn $5.6 million Cape Town property into a global hotel

Town hotel plans put a $5.6 million property on track for a global brand and expansion beyond Zimbabwe.

Timilehin Adejumobi Timilehin Adejumobi
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South African café chain Bootlegger
LifestyleCompaniesHospitality

South African café chain Bootlegger plans 16 new stores in rapid rollout

Bootlegger Coffee Company plans to open 16 new stores across South Africa over the next two months as it accelerates its nationwide expansion.

Omokolade Ajayi Omokolade Ajayi
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