HOSPITALITY: Three Cities Invests R110m Into WCape Market
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Three Cities is excited to announce the R110 million-project to upgrade the Hotel on St. Georges and The Inn on the Square, both of which are located in Cape Town. Formed in 1988, The Three Cities Group has, over the past 23 years, developed into a major hospitality player offering an extensive collection of hotels and resorts in Southern Africa ranging from Cape Town to Victoria Falls.
In their commitment to promote leisure travel and strengthen the Western Cape economy, Three Cities selected The Hotel on St. Georges and The Inn on the Square for the upgrading project. This decision is based on the prime location of both hotels, which are ideal for both the tourist and business markets.Mike Lambert, CEO of the Three Cities Group says, “Despite these difficult economic times, we will continue to invest in the Western Cape as Three Cities is confident that Cape Town will weather the global recession that has placed so much pressure on the tourism industry.”
Cape Town Tourism CEO, Mariette du Toit-Helmbold, has confirmed that Cape Town is in for a revival. In keeping with global trends, Cape Town is set to be rebranded as a ‘big events’ destination. With this strategy in place, Cape Town will soon have the power to attract international travelers to its shores.
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