Cape Town - AccorHotels has acquired a 50% stake in Mantis, which was founded and is chaired by Adrian Gardiner.
According to Gardiner, there are numerous synergies between the two groups. Both operate global hospitality networks and have a focus on conservation.
"This partnership will strengthen the Mantis offering, as well as ensuring future growth and resilience in an ever evolving and increasingly competitive market,” he said.
AccorHotels has 4 000 hotels and resorts and over 2 500 of the private residences around the globe. It operates in 95 countries under luxury brands including Raffles, Fairmont, Sofitel, Onefinestay, Pullman and Swissôtel; the boutique brands of Novotel, Mercure, Mama Shelter and Adagio; and economy brands including Ibis, Grand Mercure, The Sebel and Hotel F1.
“AccorHotels is one of the fastest growing hotel and travel operators worldwide. This agreement allows Mantis to utilise AccorHotels’ distribution channels and world-wide reach to further develop the hospitality concepts and sustainability projects we have worked so tirelessly to grow,” said Gardiner.
Olivier Granet, managing director and chief operating officer of AccorHotels Middle East and Africa (MEA), regards Mantis is a pioneer in customised travel services.
"This partnership provides us with access to an indigenous African brand with a strong heritage, ecological focus and noteworthy credentials in the hospitality space," said Granet.
"This will undoubtedly accelerate Accor Hotels’ expansion across the Middle East and Africa, adding to our existing network of over 200 properties with more than 150 hotels in the pipeline across the region.”
It was also announced that The Community Conservation Fund Africa is a foundation to be established by Mantis and AccorHotels in partnership with the international conservation organisations The Wilderness Foundation Global, Tusk Trust and African Parks.
The initial funding of $600 000 will be sponsored by AccorHotels and Mantis.
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