Name: Holiday Inn Rosebank
Use: Hotel
Floors: 9
Status: U/C
Location: adjoining The Zone shopping centre in Rosebank, Johannesburg
New Rosebank Holiday Inn banks on the World Cup
11 Sep 2009 - I-Net Bridge -
Intro
ISO Leisure and Old Mutual have teamed up to build a 158-room Holiday Inn in Rosebank, which will overlook the new Gautrain station in Oxford Road.
JULIUS BAUMANN
Aviation and Tourism Editor
ISO Leisure and Old Mutual have teamed up to build a 158-room Holiday Inn in Rosebank, which will overlook the new Gautrain station in Oxford Road.
This is the first Holiday Inn to be developed by ISO Leisure, which has until now focused on the Holiday Inn Express brand with four new hotels either recently opened or under construction.
The R170m Holiday Inn Rosebank is to open in April and would allow the group to benefit from the 2010 Soccer World Cup.
“We have secured contracts with several television crews who are basing themselves in Rosebank,” Gary Foster, operations manager at ISO Leisure, said this week.
The new hotel forms part of an extension to The Zone shopping centre and it will have “all the expected amenities, including a bar and fitness centre”.
ISO Leisure will explore the development of several more Holiday Inns in partnership with Old Mutual, but Foster was unable to provide details of future projects.
In the past two years ISO Leisure has spent more than R600m on Holiday Inn Express hotels in Johannesburg, Pretoria, Cape Town and Umhlanga.
The R213m, 235-room Holiday Inn Express Umhlanga is due to open in May, while the other three hotels have been trading for some time. The first Holiday Inn Express opened at Cape Town’s St George’s Square in March last year, followed by the 160-room hotel in Woodmead and the R180m, 300-room complex in Sunnypark in Pretoria.
IHG, which owns the Holiday Inn, Crowne Plaza and Intercontinental brands globally, has elected not to hand the operations of its brands in SA to a single group.
ISO’s rapid expansion comes as the tourism sector is contracting and Foster admitted the outlook for the rest of the year seemed bleak.
“However, we’re well-positioned in the three- and four-star category,” he said.
baumannj@bdfm.co.za
Source: Business Day
Use: Hotel
Floors: 9
Status: U/C
Location: adjoining The Zone shopping centre in Rosebank, Johannesburg
New Rosebank Holiday Inn banks on the World Cup
11 Sep 2009 - I-Net Bridge -
Intro
ISO Leisure and Old Mutual have teamed up to build a 158-room Holiday Inn in Rosebank, which will overlook the new Gautrain station in Oxford Road.
JULIUS BAUMANN
Aviation and Tourism Editor
ISO Leisure and Old Mutual have teamed up to build a 158-room Holiday Inn in Rosebank, which will overlook the new Gautrain station in Oxford Road.
This is the first Holiday Inn to be developed by ISO Leisure, which has until now focused on the Holiday Inn Express brand with four new hotels either recently opened or under construction.
The R170m Holiday Inn Rosebank is to open in April and would allow the group to benefit from the 2010 Soccer World Cup.
“We have secured contracts with several television crews who are basing themselves in Rosebank,” Gary Foster, operations manager at ISO Leisure, said this week.
The new hotel forms part of an extension to The Zone shopping centre and it will have “all the expected amenities, including a bar and fitness centre”.
ISO Leisure will explore the development of several more Holiday Inns in partnership with Old Mutual, but Foster was unable to provide details of future projects.
In the past two years ISO Leisure has spent more than R600m on Holiday Inn Express hotels in Johannesburg, Pretoria, Cape Town and Umhlanga.
The R213m, 235-room Holiday Inn Express Umhlanga is due to open in May, while the other three hotels have been trading for some time. The first Holiday Inn Express opened at Cape Town’s St George’s Square in March last year, followed by the 160-room hotel in Woodmead and the R180m, 300-room complex in Sunnypark in Pretoria.
IHG, which owns the Holiday Inn, Crowne Plaza and Intercontinental brands globally, has elected not to hand the operations of its brands in SA to a single group.
ISO’s rapid expansion comes as the tourism sector is contracting and Foster admitted the outlook for the rest of the year seemed bleak.
“However, we’re well-positioned in the three- and four-star category,” he said.
baumannj@bdfm.co.za
Source: Business Day
