Investments & Funding

This launch aligns with Hilton’s broader expansion strategy across Africa, where the company is actively growing its footprint to capture the continent’s rising tourism and business travel markets.

Bengaluru, often dubbed the “Silicon Valley of India,” represents a high-potential market where IHG aims to leverage its global expertise and local partnerships to capture growing demand.

The sale follows years of uncertainty and stalled revival efforts. In 2016, businessman Nicky van der Walt undertook a major refurbishment estimated at around ZAR 120 million (US$6.55 million), soft-launching the hotel in 2018 with hopes of restoring its former glory.

QDOBA’s expansion is supported by a flexible franchise model that appeals to both experienced operators and new entrepreneurs.

Integrating Cravia’s brands could enhance Americana’s portfolio diversification and supply chain efficiencies, positioning it to better meet shifting consumer preferences.

The brand’s franchise system, with initial investments starting below RM100,000 (US$22,000), offers an accessible entry point for entrepreneurs, supported by streamlined backend systems and a simplified onboarding process that accelerates store openings.

Mira’s cloud-based platform, already powering over 500 hospitality businesses, brings together sales tracking, inventory management, kitchen operations, and customer engagement in one seamless dashboard.

The portfolio includes the debut of the Vignette Collection Dunes Resort Swakopmund, marking the brand’s first entry into Namibia, alongside the Holiday Inn Walvis Bay and voco Windhoek Central Business District (CBD).

The new Radisson RED Hotel will feature 269 rooms and is set to introduce a refreshed design ethos for the Radisson RED brand in the region.

The hotel features 365 renovated rooms and suites designed with sophisticated Spanish flair, offering guests a harmonious balance of comfort and style.