Investments & Funding

This growth will be driven by the opening of over 100 new hotels spanning diverse markets such as Ghana, Benin, Nigeria, Angola, and Madagascar.

This expansion strategy includes entering five fresh markets, Cape Verde, Côte d’Ivoire, the Democratic Republic of Congo, Madagascar, and Mauritania, further solidifying Marriott’s presence in Africa’s rapidly evolving hospitality landscape.

The expansive 1,900-square-meter spa offers luxurious treatments and authentic Hammam rituals, providing a sanctuary of wellness and relaxation.

The US$500 million secured notes, due in 2032, will be guaranteed by subsidiaries of Sizzling Platter and offered primarily to qualified institutional buyers under applicable securities regulations.

The portfolio includes some of Egypt’s most iconic hotels: Marriott Mena House Cairo, Marriott Omar Khayyam Zamalek, Mövenpick Resort Aswan, Sofitel Legend Old Cataract Aswan, Sofitel Winter Palace Luxor, Steigenberger Hotel Tahrir, and Steigenberger Cecil Hotel Alexandria.

Le Mirage Residences will feature 256 elegantly designed apartments, ranging from spacious one-bedroom units to expansive four-bedroom homes, each crafted to blend contemporary luxury with functional living.

This auction marks a renewed effort to sell the hotel, which has previously seen attempts to find a buyer at various price points, including AED 1.3 billion (US$354 million), AED 700 million (US$190 million), and AED 1.1 billion (US$300 million).

DoorDash’s acquisition follows its earlier purchase of UK-based food delivery competitor Deliveroo for approximately US$3.9 billion, announced in May 2025, further extending its global footprint.

Business Rescue Practitioner (BRP) Sipho Sono confirmed that Mango is actively working to finalize the transaction aimed at reviving the airline’s operations.

The camp’s operations prioritize minimizing environmental impact and supporting local communities, aligning with broader conservation goals in the Okavango Delta region.