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)
*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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Knight Frank. (June 4, 2018). Price of selected hotel transactions in Africa from 1st quarter 2016 to 2nd quarter 2017 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/977870/price-african-hotel-transactions/
Knight Frank. "Price of selected hotel transactions in Africa from 1st quarter 2016 to 2nd quarter 2017 (in million U.S. dollars)." Chart. June 4, 2018. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/977870/price-african-hotel-transactions/
Knight Frank. (2018). Price of selected hotel transactions in Africa from 1st quarter 2016 to 2nd quarter 2017 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/977870/price-african-hotel-transactions/
Knight Frank. "Price of Selected Hotel Transactions in Africa from 1st Quarter 2016 to 2nd Quarter 2017 (in Million U.S. Dollars)." Statista, Statista Inc., 4 Jun 2018, https://www.statista.com/statistics/977870/price-african-hotel-transactions/
Knight Frank, Price of selected hotel transactions in Africa from 1st quarter 2016 to 2nd quarter 2017 (in million U.S. dollars) Statista, https://www.statista.com/statistics/977870/price-african-hotel-transactions/ (last visited December 22, 2024)
Price of selected hotel transactions in Africa from 1st quarter 2016 to 2nd quarter 2017 (in million U.S. dollars) [Graph], Knight Frank, June 4, 2018. [Online]. Available: https://www.statista.com/statistics/977870/price-african-hotel-transactions/
