KwaZulu-Natal Business 2019-20 edition
A unique business and investment guide to KwaZulu-Natal Province in South Africa. The 2019/20 edition of KwaZulu-Natal Business is the 11th issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide for the KwaZulu-Natal Province. In addition to the regular articles providing insight into each of the key economic sectors of the province, there is a special feature on the surge in investment in new tourism projects, from casino expansions to the building of a dedicated cruise-liner terminal. Another special feature surveys other large investments in a wide variety of sectors, showing the diversity and strength of the provincial economy. For monthly updates about the region, subscribe at https://www.globalafricanetwork.com/subscribe/ or visit our portal at https://www.globalafricanetwork.com/category/regions/kwazulu-natal/
A unique business and investment guide to KwaZulu-Natal Province in South Africa. The 2019/20 edition of KwaZulu-Natal Business is the 11th issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide for the KwaZulu-Natal Province.
In addition to the regular articles providing insight into each of the key economic sectors of the province, there is a special feature on the surge in investment in new tourism projects, from casino expansions to the building of a dedicated cruise-liner terminal. Another special feature surveys other large investments in a wide variety of sectors, showing the diversity and strength of the provincial economy.
For monthly updates about the region, subscribe at https://www.globalafricanetwork.com/subscribe/ or visit our portal at https://www.globalafricanetwork.com/category/regions/kwazulu-natal/
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SPECIAL FEATURE<br />
the hotel and the shopping mall sections of the<br />
planned complex are going ahead.<br />
A <strong>20</strong>7-room Hilton Garden Inn will be operating<br />
at Umhlanga Arch by <strong>20</strong><strong>20</strong>. Hilton Durban<br />
acquired a new owner in <strong>20</strong>18 when Bin Otaiba<br />
Hotels bought it, together with four hotels in<br />
Johannesburg, Port Elizabeth and Cape Town.<br />
Hotels<br />
More than <strong>20</strong> 000 delegates will use the Durban<br />
ICC in <strong><strong>20</strong>19</strong>. In the <strong>20</strong>17/18 financial year, the venue<br />
hosted 450 events, contributed R4.7-billion to<br />
South Africa’s Gross Domestic Product and created<br />
9 474 jobs.<br />
Durban's hosting of the Tourism Indaba<br />
further supports the idea that the province is a<br />
major conference destination. More than 7 000<br />
delegates are annually attracted to exhibit South<br />
Africa's assets to international tour operators. The<br />
city has secured the Tourism Indaba until <strong>20</strong>22.<br />
The range of topics covered by recent<br />
conferences held in <strong>KwaZulu</strong>-<strong>Natal</strong> is wide and<br />
includes the World News Media Congress, the<br />
Pan-African Health Tourism Congress, the National<br />
Association of Automotive Components and<br />
Allied Manufactures (NAACAM) Show and the<br />
Durban Maritime Summit.<br />
Premier Hotels & Resorts will spend about<br />
R4<strong>20</strong>-million on two new hotels at Umhlanga.<br />
Currently under construction, the hotel complex<br />
is located alongside the Gateway Theatre of<br />
Shopping next to Umhlanga Ridge. The four-star<br />
Premier Hotel will have 130 rooms while the threestar<br />
Splendid Inn by Premier will be equipped with<br />
64 bedrooms. The group has hotels and resorts<br />
in six provinces.<br />
A new Radisson Blu Hotel will open in Umhlanga<br />
Rocks as part of the ambitious R3-billion Oceans<br />
Umhlanga development. Some construction work<br />
has been halted because of problems experienced<br />
by construction companies, but it seems that<br />
Research by Tourism <strong>KwaZulu</strong>-<strong>Natal</strong> shows that the<br />
coastal province consistently has the best hotel<br />
occupancies in the country.<br />
Protea Hotels has 18 properties in the province,<br />
with seven in Durban including the Protea Hotel<br />
Edward. The upgrading of the Point area between<br />
the beach and the Port of Durban has resulted<br />
in major investments. The Docklands Hotel at<br />
the Durban Waterfront is a four-star Signature<br />
development that cost about R100-million to<br />
develop.<br />
The Royal Hotel in the heart of Durban is<br />
one of eight Three Cities Group hotels in the<br />
province. The Golden Horse Casino Hotel is a<br />
Three Cities property, and the Group administers<br />
the International Hotel School in Westville that<br />
is also home to the Christine Martin School of<br />
Food and Wine.<br />
IFA Hotels & Resorts runs several luxury<br />
properties including the Zimbali Coastal Resort<br />
and Zimbali Lakes Resort. Signature Life Hotels<br />
has 13 properties and Gooderson Leisure has a<br />
varied portfolio.<br />
Sibaya Casino and Entertainment Kingdom,<br />
a Sun International property, is north of Durban<br />
between Umdloti and Umhlanga. The casinos<br />
in Newcastle (Century City), Empangeni (Tusk<br />
Umfolozi Casino) and Pietermaritzburg (Golden<br />
Horse Casino) are run by Century Casinos<br />
Newcastle, Peermont Global and Akani Msunduzi<br />
Management respectively.<br />
Airbnb is a fast-growing option in South Africa.<br />
The Airbnb visitors to South Africa in <strong>20</strong>16 engaged<br />
in R2.4-billion worth of economic activity. Durban<br />
had the largest increase in Airbnb bookings from<br />
the previous year.<br />
KWAZULU-NATAL BUSINESS <strong><strong>20</strong>19</strong>/<strong>20</strong><br />
<strong>20</strong>
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