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Marriott International completes acquisition of Protea Hospitality Group

Katie SherryBy Katie Sherry1 April 20142 Mins Read
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Marriott International today became the largest hotel company in Africa, according to published information – nearly doubling its presence in the Middle East and Africa as it completed its acquisition of the 116-hotel Protea Hospitality Group (PHG), based in South Africa. Marriott now operates or franchises more than 4,000 hotels in 79 countries.

Marriott’s new Protea portfolio consists of 10,148 rooms in seven African countries, including South Africa. The company now manages, franchises and leases hotels across the Protea Hotels brand (103 hotels), comprising a full and diverse range of outstanding hotels and resorts; the award-winning lifestyle boutique Protea Hotel Fire & Ice! (2 hotels); and the superior deluxe African Pride Hotels collection (11 hotels). In addition to its industry-leading 79 hotels in South Africa, Marriott’s Protea portfolio also has 37 hotels in Malawi, Namibia, Nigeria, Tanzania, Uganda and Zambia.

At the same time, Marriott said that its pipeline of new hotels in the Middle East and Africa, including Protea’s pipeline, is now more than 65 hotels and 14,300 rooms, including more than  20 hotels and 3,000 rooms in Sub-Saharan Africa.

“Today marks a new beginning,” says Arne Sorenson, Marriott International’s president and chief executive officer. “We can now officially say ‘molweni!’ {Xhosa}, ‘sawubona!’ {Zulu} and ‘hello!’  to South Africa and ‘welcome!’ to our approximately 15,000 new associates at both managed and franchised hotels across Protea’s portfolio. We look forward to integrating the superb Protea team into the Marriott International family, and together, to work toward new opportunities for growth and advancement throughout  South Africa and the continent.”

Alex Kyriakidis, president and managing director of Marriott International’s Middle East and Africa (MEA) region, adds: “Today is the culmination of months of highly productive collaboration between Protea and Marriott International teams. We are delighted that such a tremendously dedicated, talented and effective team, which has been so well-led by Protea Chief Executive Officer Arthur Gillis, is now joining the Marriott International family. With the addition of Protea’s regional knowledge, expertise and infrastructure, we are incredibly well-positioned to continue growing in one of the fastest expanding economic markets in the world.”

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