Price of selected hotel transactions in Africa 2017

Published by Statista Research Department, Nov 6, 2020
This statistic shows the price of selected hotel transactions in Africa from the first quarter of 2016 to the second quarter of 2017. In the fourth quarter of 2016, Kingdom Holding Company sold the Mövenpick Ambassador Hotel in Accra, Ghana to Quantum Global, a private investment firm based in Zug, Switzerland, for 100 million U.S. dollars.

Price of selected hotel transactions in Africa from 1st quarter 2016 to 2nd quarter 2017 (in million U.S. dollars)

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Release date

June 2018

Region

Africa

Survey time period

Q1 2016 to Q2 2017

Supplementary notes

*Approximately 199 million U.S. dollars in shares and 77 million U.S. dollars in cash.
**44.4 percent stake.
Mara Delta has since become Grit Real Estate Income Group.

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