Wednesday, December 11, 2013

Marriott International to Buy African Hotel Chain

Marriott International, Inc will pay $200 million to acquire one of Africa's largest hotel companies.  The move will make Marriott the leader on the continent.  Not a bad place to be as tourism and business travel are growing rapidly- as well as an emerging middle class.  The hotel giant is acquiring Protea Hospitality Holdings, Ltd, based in South Africa.  The deal will give Marriott control of 23,000 rooms in 138 African hotels in locations from Marrakesh, Morocco to Capetown, South Africa.  Africa certainly has its risks.  It is among the worlds most volatile regions.  Riots, coups and terrorist attacks can disrupt travel plans and destroy hotels.  In 2011, a 370 room hotel in Tripoli was damaged so badly during the Libya uprising, that is still closed for repairs today.  Staying away is also risky.  "I would rather go in when it's not obvious to be there, than go in when it's too late," he said. Mr. van Paaschen, CEO of Starwood Suites,  is on a multi country tour of Africa scouting for new projects this week.  Africa's rapid economic growth, emerging middle class, increase in international flights and infrastructure investments are attracting hotel chains.


  1. When I am among you shouldn't concern yourself with the options that come with option The absolute most particular escorts in the city. Hi boys… I'm Neha Sea of bodily and ejaculation fulfillment. Amritsar is well-known for a couple of things. Firstly, next and Amritsar baryonic labial secure child jawing. Amritsar Escort
    Amritsar Call girls
    Escort in Amritsar
    Amritsar VIP Escort
    Amritsar VIP Escorts
    VIP Escort in Amritsar
    Amritsar Escort Service
    Amritsar Escorts Service
    Escort Service in Amritsar
    Escorts Service in Amritsar
    Amritsar Independent Escort
    Amritsar Independent Escorts
    Independent Escort in Amritsar
    Independent Escorts in Amritsar
    Amritsar Call girls Service
    Call girls service in Amritsar

  2. Study has uncovered. Based on the study, climax is accomplished by males using their acquainted affiliates during normal and sex 85%. College was at In by Usa researchers stated: “Chandigarh Escort or Lesbian Woman during 75 PERCENT sex, and 62% of girls strait connection, while developing contacts with both girls and males (Bisexual) achieve climax 58% are Feminine."Hi5chandigarhescorts
    Chandigarh Escorts
    Chandigarh Escort
    Escort In Chandigarh
    Escorts In Chandigarh
    Escorts service in Chandigarh
    Escort service in Chandigarh
    Chandigarh Escorts service
    Chandigarh Escorts service
    Chandigarh call girls
    Chandigarh call girl
    Call girl in Chandigarh
    Chandigarh vip escort
    Chandigarh independent escorts
    Independent escorts in Chandigarh
    Female escorts in Chandigarh
    Vip escorts in Chandigarh