November 9, 2013

Marriott CEO: "Africa has significant untapped potential"

Marriott Investing in Africa
Bloomberg reported this week that Marriott International has agreed to buy the three brands and management business of Cape Town-based Protea Hospitality Management,which operates or franchises 116 hotels in South Africa and six other sub-Saharan countries. The deal will increase Marriott's room total on the continent to 23,000.
Follow this link to get the full story from Bloomberg.

Nile Capital Management
We Know Africa: From Cairo to Cape Town
For more information please call 646-367-2820 

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