Developer IFA Hotels and Resorts is to enter the Namibian hospitality and spa market by acquiring four properties in the southern African country through a joint venture agreement with the Ohlthaver and List (O and L) group.
The joint venture has been valued at US$75m (56.2m euro, £38.1m) and the four hotels that will be redeveloped are currently branded and operated within the Namib Sun portfolio.
Spas are expected to be included as part of the redevelopment of each property.
The four properties under the joint venture are The Strand Hotel in Swakopmund; King’s Den Lodge on the banks of the Chobe River in the North Eastern Caprivi strip; Mokuti Lodge, situated on the gateway of Etosha Park and a fourth site in Windhoek.
IFA will also assess the residential and retail opportunities surrounding the properties with a view to integrating any other development to the adjoining hotels.
Also making its debut in Namibia is the international hospitality group Kempinski Hotels, which will operate all four of the joint venture hotels.
O&L is a private sector group of companies based in South Africa, with vested businesses that actively promote and support business growth in Namibia.
Developer IFA Hotels and Resorts is to enter the Namibian hospitality and spa market by acquiring four properties in the southern African country through a joint venture agreement with the Ohlthaver and List group.
As health club operators move to incorporate recovery into their
offerings to meet growing consumer demand, Steph Eaves takes a
look at what cryotherapy and ice bathing can add to the equation
Industry suppliers are responding to the exponential increase in
consumer demand for strength training with a raft of new and
innovative launches and concepts, as Steph Eaves reports
As one of the most energy-intensive industries in the UK, leisure facilities face a critical
challenge in balancing net zero goals, funding and increased costs.
Study Active has legally acquired the name “Premier Global” and select Premier Global
branding assets from Assessment Technologies Institute LLC, part of Ascend Learning in the
US.
11 to 14 April saw the fitness industry impressively demonstrate just how innovative it is in
fulfilling its responsibility for a healthy society at FIBO in Cologne. Over 1,000 exhibitors
and partners generated boundless enthusiasm among 129,668 visitors from 114 countries.
At 2024 Milan Design Week, Technogym celebrated its 40 years with the special exhibition
"Design to Move”, featuring 40 unique Technogym Benches – one of the brand's iconic products
– designed by 40 different international designers and artists from all over the world.
Developer IFA Hotels and Resorts is to enter the Namibian hospitality and spa market by acquiring four properties in the southern African country through a joint venture agreement with the Ohlthaver and List (O and L) group.
The joint venture has been valued at US$75m (56.2m euro, £38.1m) and the four hotels that will be redeveloped are currently branded and operated within the Namib Sun portfolio.
Spas are expected to be included as part of the redevelopment of each property.
The four properties under the joint venture are The Strand Hotel in Swakopmund; King’s Den Lodge on the banks of the Chobe River in the North Eastern Caprivi strip; Mokuti Lodge, situated on the gateway of Etosha Park and a fourth site in Windhoek.
IFA will also assess the residential and retail opportunities surrounding the properties with a view to integrating any other development to the adjoining hotels.
Also making its debut in Namibia is the international hospitality group Kempinski Hotels, which will operate all four of the joint venture hotels.
O&L is a private sector group of companies based in South Africa, with vested businesses that actively promote and support business growth in Namibia.
Developer IFA Hotels and Resorts is to enter the Namibian hospitality and spa market by acquiring four properties in the southern African country through a joint venture agreement with the Ohlthaver and List group.
As health club operators move to incorporate recovery into their
offerings to meet growing consumer demand, Steph Eaves takes a
look at what cryotherapy and ice bathing can add to the equation
Industry suppliers are responding to the exponential increase in
consumer demand for strength training with a raft of new and
innovative launches and concepts, as Steph Eaves reports
As more people join clubs to support their mental
health, fitness professionals need to be empowered to
take a holistic approach. Kath Hudson shares useful
tools discussed at the ACE summit on mental health
As one of the most energy-intensive industries in the UK, leisure facilities face a critical
challenge in balancing net zero goals, funding and increased costs.
Study Active has legally acquired the name “Premier Global” and select Premier Global
branding assets from Assessment Technologies Institute LLC, part of Ascend Learning in the
US.
11 to 14 April saw the fitness industry impressively demonstrate just how innovative it is in
fulfilling its responsibility for a healthy society at FIBO in Cologne. Over 1,000 exhibitors
and partners generated boundless enthusiasm among 129,668 visitors from 114 countries.
At 2024 Milan Design Week, Technogym celebrated its 40 years with the special exhibition
"Design to Move”, featuring 40 unique Technogym Benches – one of the brand's iconic products
– designed by 40 different international designers and artists from all over the world.