Accor has signed a deal to expand its portfolio
of luxury Fairmont hotels to Cape Town, South Africa.
With the iconic Table Mountain as a backdrop, the Cape
Grace Hotel enjoys an outstanding location on the vibrant V&A
Waterfront between an international yacht marina and working harbour.
The property, which will transition into a fully
branded Fairmont property by the end of 2023, was recently
purchased by Kasada Hospitality Fund, a leading independent real
estate private equity platform dedicated to hospitality in
Sub-Saharan Africa.
Facilities at the Cape Grace by Fairmont hotel
include 120 rooms and two F&B outlets.
Guests can enjoy the diverse attractions available
at the V&A Waterfront, located a short walking distance from the
hotel, or take in the relaxing and private surroundings offered by
the undisturbed ocean view from the property.
“We are noticing a real momentum in South Africa
for luxury hotel brands, and we couldn’t think of a more iconic
hotel than Cape Grace to establish our footprint in the country,”
said Mark Willis, CEO of Fairmont Hotels & Resorts. “The
world-class service of the brand combined with the unique location
and unparalleled level of luxury the Cape Grace Hotel will be
featuring, offers the promise of an unforgettable experience to
any guest or visitor coming into the property.”
