AccorHotels snaps up stake in South Africa’s Mantis Group

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AccorHotels has acquired a 50 per cent stake in South Africa-based Mantis Group, a collection of privately owned, managed and branded five star properties and lodges located around the world.

The Mantis network features 28 managed properties, plus a global network of branded hotels and residences, including boutique villas and flagship properties such as Founders Lodge – a South African game reserve in the Eastern Cape, Mantis St Helena – a boutique hotel on the remote island in the Atlantic Ocean, as well as the Draycott Hotel in London.

Draycott Hotel

Sebastien Bazin, AccorHotels’ chairman and CEO, said: “Mantis is a pioneer in customised, one-of-a-kind travel services in some of the most imaginative hotels across the world. With this strategic partnership, we are reinforcing the group’s footprint in Africa.”

This strategic partnership is accompanied by the launch of Community Conservation Fund Africa (CCFA), a non-profit organisation which aims to amplify both groups’ commitment towards preventing the accelerating decline of Africa’s wildlife and bringing together three internationally renowned conservation organisations – Wilderness Foundation, Tusk Trust and African Parks.

The partnership agreement is subject to regulatory approvals.

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