• Business & Economy
  • Companies
  • Agriculture
  • Technology
  • Property
Wednesday, July 30, 2025
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • E-Editions
No Result
View All Result
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • E-Editions
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
No Result
View All Result
Home Latest

Accor embarks on N$100m Safari Hotels renovations

by editor
November 23, 2022
in Latest
47
A A

French hospitality group Accor, which has been given management rights for the Safari Hotels and Conference Centre following its acquisition by Kasada Capital Management last year, says it has embarked on a N$100-million phased refurbishment exercise for the hotel.  

Accor said Safari Hotel renovations which will see it converted into Ibis Styles, an economy brand, are scheduled for completion next year. While those of the Safari Court Hotel to be converted into a Movenpick, a high-end brand, will follow thereafter. 

“The refurbishment is already underway and it will be undertaken in phases. The Safari Court Hotel will be converted to Movenpick, and the Safari Hotel will become an Ibis Styles. The Ibis Styles (existing Safari Hotel) will be completed and rebranded first, followed by the Movenpick (existing Safari Court Hotel). We expect the full rebranding of the Ibis Styles to be completed in 2023,” Accor’s Director of PR and Communication Sarah Fernandez told The Brief. 

She said although the hotels remain open, some sections will be closed while the renovations progress, which are being funded by a kitty provided by Kasada. 

“The refurbishment is already underway and it will be undertaken in phases. The establishment will remain open through the refurbishment, with works being [done in] phases, meaning sections of the both hotels will be closed at times as works take place,” Fernandez said. 

The Safari Hotels and Conference Centre consists of the 215-key Safari Court Hotel, the 199-key Safari Hotel and Namibia’s foremost Meetings, Incentives, Conferencing, Exhibitions (MICE) venue – the Safari Court Conference Centre that includes a 1,600m2 grand ballroom that can hold up to 2,400 delegates. 

The acquisition, the first investment in Namibia by the Qatar Investment Authority-backed fund, brings its portfolio to a total of 10 hotels and over 2,000 rooms in four countries as it seeks to reinforce its position as a leading hospitality platform in Sub-Saharan Africa. 

The deal, which was funded through a N$2.6 billion debt facility granted by International Finance Corporation, in collaboration with Proparco, received approval from the Namibian Competition Commission (NaCC) in June.

author avatar
editor
See Full Bio
Tags: tourism
Share23Tweet14Share4
Previous Post

BoN, RBZ mull cooperation on fintech and innovation

Next Post

Tips on how to keep cybercriminals at bay when shopping this festive season

MUST READ

ISUZU MU-X gets a bold facelift
Latest

ISUZU MU-X gets a bold facelift

July 28, 2025
Why investing in everyday businesses and money knowledge is the key to national transformation
Latest

Why investing in everyday businesses and money knowledge is the key to national transformation

July 24, 2025
Balancing tertiary education and vocational training in Namibia’s industrialisation strategy
Latest

Balancing tertiary education and vocational training in Namibia’s industrialisation strategy

July 23, 2025
Beware the trojan grant: Why downgrading Namibia’s income status is no cause for celebration
Latest

Beware the trojan grant: Why downgrading Namibia’s income status is no cause for celebration

July 17, 2025
The role of traditional authorities in agriculture
Latest

The role of traditional authorities in agriculture

July 17, 2025
Paratus Namibia gears up for 5G rollout
Latest

Paratus Namibia gears up for 5G rollout

July 15, 2025
Next Post
Tips on how to keep cybercriminals at bay when shopping this festive season

Tips on how to keep cybercriminals at bay when shopping this festive season

Related News

NIP to roll out 24-hour lab services to cut turnaround times

NIP to roll out 24-hour lab services to cut turnaround times

July 15, 2025
DBN invests N$21 billion, creates 76,000 jobs since inception

DBN invests N$21 billion, creates 76,000 jobs since inception

October 31, 2024
Trustco Group pursues first-ever Namibian company Nasdaq listing

Trustco Group pursues first-ever Namibian company Nasdaq listing

November 12, 2024

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

  • Home
  • Companies
  • Business & Economy
  • Mining & Energy
  • Opinions
  • Africa
  • E-Editions

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • E-Editions