Cresta expands into SA market

CRESTA Hotels, the group that operates several hospitality gems in Zimbabwe and other southern African destinations, has expanded its footprint into South Africa through a deal involving the exclusive Cresta Grande Cape Town.

The firm did not disclose if it had clinched a management deal or if the transaction was an outright takeover of the hotel that is located at the heart of “The Mother City”.

But its announcement was a huge surprise, coming during a frustrating phase for global tourism following an intensification of the COVID-19 pandemic at some destinations and source markets.

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