Cape Town hotels, battling with low occupancy rates and locked in price wars, will have to weather the economic storm for at least three years, say industry experts.
In the months leading up to the World Cup, a number of high-end hotels opened....
The leisure property sector – with struggling golf course estates going up for auction – certainly does not look a segment where investors are likely to play.
But last month JSE listed Hospitality Property Fund – which ...
CAPE TOWN - Imagine owning a comfortable house in a good area. It's large enough for your needs, requires some renovation, has been in the family for more than 100 years and is paid for. Then you get pressurised to sell it and rent the brand new mansio...