Fairmont Hotels & Resorts, a leading luxury hotel brand, has announced the purchase of the iconic Cape Grace Hotel in Cape Town, South Africa, through Kasada Hospitality Fund LP, the top independent real estate private equity platform dedicated to hospitality in Sub-Saharan Africa. The acquisition will see the hotel transition into a fully branded Fairmont property by the end of 2023, offering guests a world-class experience of luxury and exceptional service.

Cape Grace Hotel, Managed by Accor, 2 Bedroomed Suite Lounge

Situated in a prime location at the vibrant V&A Waterfront, with stunning views of Table Mountain and the ocean, the Cape Grace Hotel boasts 120 luxurious rooms and two Food & Beverage outlets. Guests can enjoy the nearby attractions of the V&A Waterfront or take in the relaxing and private surroundings offered by the undisturbed ocean view from the property.

Mark Willis, CEO of Fairmont Hotels & Resorts, expressed his excitement about establishing the brand’s footprint in South Africa through the iconic Cape Grace Hotel. “We are noticing a real momentum in South Africa for luxury hotel brands, and we couldn’t think of a more iconic hotel than Cape Grace to establish our presence in the country,” he said. “The unique location and unparalleled level of luxury that the Cape Grace Hotel will offer, combined with the world-class service of the Fairmont brand, promises an unforgettable experience to any guest or visitor coming into the property.”

This latest acquisition marks Fairmont’s expansion in Sub-Saharan Africa and the brand’s commitment to providing luxury hospitality experiences to guests in the region. The Fairmont Cape Grace is set to become a prime destination for travellers seeking the ultimate luxury experience in Cape Town.

For more information on Fairmont Hotels & Resorts, visit their website at https://www.fairmont.com/.

Written by: Matthew Thomas

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