StayWell takes Park Regis and Leisure Inn into Africa

StayWell takes Park Regis and Leisure Inn into Africa
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A new joint venture with South African hospitality group Mantis Collection will see Australia-based StayWell introduce its Park Regis and Leisure Inn brands into sub-Saharan Africa.

The brand will be carried by properties to be procured by Mantis in some of the region’s key cities.

StayWell chief executive and managing director Simon Wan said the deal provides the firm with a “vital platform” for expansion into the region as it accelerates in growth.

“It is widely recognised that Sub-Saharan Africa is outpacing North Africa in terms of development in the hospitality space which bodes well for the partnership” he said.

“Using this platform, we will deliver proven hotel management, hospitality service and training skills, and position our new joint venture company to capitalise on lucrative opportunities as the regions hotel market grows and matures.”

Meanwhile, Mantis chairman Adrian Gardiner highlighted the “abundant” opportunities on offer in the region which is compared with India and China 20 years ago.

“With our expertise we’re looking forward to growing the Park Regis and Leisure Inn brands throughout the region – we already have a few propositions in the pipeline,” he said.

The African push follows StayWell’s recent entry into China, its expansion in India and the opening of its first Indonesia property earlier this year. The company, which was established in 2006, now has an international portfolio of 34 properties worldwide.

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