Pooling resources on hotel investment opportunities
Author: Antoine Castro, James Kirk (yBC.tv)Categories: Africa
Tags: construction, development, hotel product, investment, location, partnerships
Hotel investment opportunities for allThe location and what we will do, I mean we all know that risk is very high to develop hotels in Africa in general. So what we’ll tend to do is to secure a pool let’s say of the developer, the construction company and the hotel product, but to co-invest alongside of us so that we all have our interest in the development. I mean the selection of the location, the selection of the brand, the best brand for that location, for that country, the best partner to develop the product locally which has a track record, best in class practices, a code of conduct, I mean all these kind of things. So that we are comfortable in being successful in developing such a hotel and to open it in due time hopefully.
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