Mangalis Management Group – the hospitality management arm of Inaugure Hospitality Group – has confirmed its business strategy of investing ¬315m in Africa hotels. The project will involve constructing more than 2200 rooms and suites at 15 properties located in 13 African countries.
Mangalis’ objective is to be among the five largest hotels groups active in Africa by 2017. In addition to constructing its own hotels, this would involve reaching the 40+ properties milestone by management contracts, while meeting the industry benchmark in terms of products, innovation, quality of service and growth.
Mangalis Management Group’s brands have been specially designed to cater for new travellers, covering the economy market segment with Seen and Seen+, as well as the upper-midscale segment with Noom Hotels and Noom Résidences. 15 properties across the portfolio are currently under construction in several main African cities.
Denis Sorin, CEO at Mangalis Management Group, says: “The African flair and joie de vivre are embedded into our brands’ values, while the level of operational standards made them ready to be exported in any part of the world where they will bring a fresh perspective. Mangalis Management Group is now the only Africa-born hospitality group that offers a comprehensive selection of well-designed brands inspired by Africa with a true international vision.
“We believe that the African market has been poorly treated for far too long by regional and international groups, and we intend to bring true international standards and the highest quality of service to a market that is longing for it.”