South Africa - Maropeng Hotel Expansion
About this project
The project seeks funding for the expansion of existing 4-star hotel from 24 to 64 rooms and inclusion of a wellness and spa area. Currently the Maropeng Boutique Hotel, located near the Magaliesberg mountain range, and is a convenient five-minute walk from the Maropeng Visitor Centre. Hotel facilities include a bar lounge, restaurant and swimming pool, and rooms are accessible by wheelchair. Bulk services are already supplied. These might need to be increased to supply the increased demand.
Type of Partnerships: Concession.
- Maropeng Afrika Leisure Pty Ltd has been operating the facility in its entirety for the past 13 years. This has been to the satisfaction.
- Private lenders and own financing is required
- Government as the co-owner of the property was responsible for the whole capital expenditure and currently responsible for operational expenditure in the Maropeng.