kasada
Ennismore and Kasada Sign First Hyde Hotel in Africa
ENNISMORE | August 5, 2024
Hyde Johannesburg marks a major milestone for Ennismore as the brand’s first hotel in Africa. This acquisition marks Kasada’s 1st investment in Johannesburg. Ennismore, the fastest-growing lifestyle and leisure hospitality company, and Kasada, the leading independent real estate private equity platform dedicated to delivering attractive, sustainable value across the hospitality sector in Africa, are delighted to announce the signing of Hyde Johannesburg. The opening marks a series of significant milestones, including Ennismore’s first hotel in Johannesburg, the first Hyde hotel in Africa, and Kasada’s first investment in Johan...
Kasada to Develop a Dual-Branded Hotel in the District of Angré, Abidjan, Côte d’Ivoire
Kasada | January 23, 2023
JOHANNESBURG & PORT LOUIS, Côte d'Ivoire--Kasada, the leading independent real estate private equity platform dedicated to hospitality in sub-Saharan Africa, announced today that it will build a new dual-branded hotel in Abidjan within the largest retail-led mixed-use development currently being developed by HCCP. The complex, scheduled to open in 2024, will seek to be certified EDGE, the World Bank’s green building certification program, and will boast over 150 hotel keys, a shopping center with over 60 stores, restaurants, a mini entertainment park, offices, a co-working space, and a clinic. Olivier Granet, Kasada’s Managing Par...
Accor Signs With Kasada to Manage Lamantin Beach Resort & Spa in Senegal
Accor | November 9, 2022
DUBAI, United Arab Emirates, November 9, 2022/ -- Accor, a world-leading hospitality group with over 425 hotels across India, Middle East, Africa and Turkey, has signed a management agreement with Kasada to operate the Lamantin Beach Resort & Spa managed by Accor, located 80 kms South of Dakar, on the seaside port of Saly, the largest seaside resort in West Africa, between the sea and the sacred forest. The property features 166 rooms, starting from 28sqm, a 750sqm spa and fitness centre, alongside an all-day dining restaurant, a specialty restaurant and a beach lounge, which are available for guests to enjoy. Catering to the Meetin...
Kasada Acquires Former Crowne Plaza in Nairobi’s Upper Hill District
Kasada | July 28, 2022
PORT LOUIS, Mauritius-Kasada announced today that it acquired the former Crowne Plaza Upper Hill in Nairobi, Kenya. Having only recently purchased the Umubano Hotel in Kigali, Rwanda, this second East-African purchase reaffirms Kasada’s status as a pan-African hotel owner and investor. With its strategy of acquiring high quality assets across metropolitan hubs in Sub-Saharan Africa, Kasada is now the most active investor with the initial portfolio of hotels doubling within 18 months thanks to a presence in eight countries. The Crowne Plaza, which opened in 2010, is located in Upper Hill, Nairobi's financial centre and a commercial hub th...
