ANEW HOTELS & RESORTS GROWS NATIONAL FOOTPRINT WITH FORTIS ACQUISITION
The past few months have been extremely challenging as far as trading goes but we’re encouraged by the glimmers of hope we have for the ANEW brand moving forward. Over the past two years, we have been actively looking for additional properties to expand the ANEW footprint and were determined to find the right properties and partners in order to grow the brand effectively and sustainably.
We’re thrilled to announce that we have found our match in the Fortis brand and concluded an agreement this week to acquire an additional six (6) properties, bringing the ANEW stable to 10 hotels and resorts countrywide.
The Fortis portfolio is well-positioned, with the right number of keys per hotel and gives ANEW an immediate national footprint, in many key nodes, which we were after. The ANEW Group will now manage just under 1000 keys. Both groups are 3-4-Star full-service hotels and the synergy of combining the brands had merit and would better serve the six Fortis hotels for the long term.
The hotels and resorts are: Hunters Rest in Rustenburg, Highveld and Witbank Hotels in Emalahleni, the Capital and Manor Hatfield Hotels in Pretoria and Malaga Hotel in Sycamore. Fortis will transition to the ANEW brand over the next few months, with the first reveal on 1 September 2020.