December 23, 2024

Minor Hotels And The Cavaleros Group Announces Partnership

Facebook
Twitter
LinkedIn
Minor Hotels and The Cavaleros Group sign hotel agreement to debut South Africa’s first NH Collection Sandton to be launched in Africa’s richest square mile
William Heinecke – Chairman & Founder, Minor International and Penny Cavaleros – Chief Executive Officer, The Cavaleros Group

Minor Hotels, an international hotel owner, operator, and investor with more than 540 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe, and the Americas, is pleased to announce the signing of a strategic partnership with The Cavaleros Group to manage a hotel in Johannesburg, South Africa.

Industry sources added that this signing displays the upcoming debut of Minor Hotels’ NH Collection brand on the African continent. From July 1st 2024 the group will manage the hotel in Sandton, the financial district of South Africa’s largest city. The 329-key property will first operate as NH Sandton and subsequently, following an extensive refurbishment of the property will be rebranded as NH Collection Sandton.

William Heinecke, Chairman and Founder of Minor International

William Heinecke, Chairman and Founder of Minor International, parent company of Minor Hotels, commented, “We are thrilled to sign this strategic partnership with The Cavaleros Group to launch NH and soon NH Collection in South Africa and with it launch our first property in the country. This property will join our growing portfolio of hotels in Africa, where our Anantara, Avani, and Elewana brands are already present. We look forward to a long and fruitful partnership with Penny and the Cavaleros team.”

Penny Cavaleros, Chief Executive Officer of The Cavaleros Group, also commented, “The decision to partner with Minor Hotels for our Sandton Hotel and Africa was legendary for The Cavaleros Group. We, as a Group, identified certain asset classes within the property sector that we will aggressively pursue, hospitality being one with exponential growth into the African continent. Over the past three years, we have engaged with all international hotel groups and concluded and recognized that Minor Hotels’ history, speed, and culture are synonymous with our core Group values.  We are currently considering several hospitality opportunities across the continent and have commenced our due diligence process.”

Industry sources added that this profound partnership between Minor Hotels and The Cavaleros Group secures the opportunity for Minor Hotels to pioneer their inaugural venture in South Africa, which is recognized as the second largest economy on the continent in terms of GDP and is a country which the hotel group is targeting for future development. Both Minor Hotels and The Cavaleros Group plan to foster a strong relationship, to partner together on future hospitality opportunities throughout the African continent.

This iconic hotel, spanning 30 years of successful operation, is located in Sandton, Johannesburg, approximately twenty kilometers from O.R. Tambo International Airport. NH Sandton will offer a selection of guest room categories including lead-in rooms, suites, one-bedroom suites and the 145 square metre Royal Suite. Facilities at the property will include two restaurants and two bars, an executive lounge, and conference facilities, in addition to a gym and a large outdoor swimming pool.

This profound partnership between Minor Hotels and The Cavaleros Group secures the opportunity for Minor Hotels to pioneer their inaugural venture in South Africa, which is recognised as the second largest economy on the continent in terms of GDP and is a country which the hotel group is targeting for future development. Both Minor Hotels and The Cavaleros Group plan to foster a strong relationship, with the intention to partner together on future hospitality opportunities throughout the African continent.

Source

Share.

RELATED POSTS

Lee and Alpha Industries Launch Capsule Collection of Iconic Workwear Styles. (Photo: Lee Alpha Industries)
Lee and Alpha Industries Launch Collaborative Collection Celebrating Shared History of Workwear and American
AROYA in Jeddah. Image Courtesy: Supplied
Cruise Saudi Unveils Its First Ship, AROYA in Jeddah
Natuzzi Harmony Residences” Unveiled in Dubai
Natuzzi Harmony Residences Presents Its First Residential Project in Dubai
  • Asialink Finance

LATEST POSTS

JAZEAN experience center. Image Courtesy: JAZEAN
Omar Sarieddine. Image Courtesy: 9Yards Communications
The signing ceremony, officiated by SCAI’s CEO, George Nazi, and SMC’s Chairman, Mohammed Al Khereiji. Image Courtesy: SCAI
International Business Magazine