Faircity Hotels has announced its acquisition of the Quatermain and Falstaff Hotels in Sandton, a joint purchase with venture capital partner Attventure. Launched four years ago with the opening of the four-star Faircity Mapungubwe Hotel in Johannesburg, the company now has a total of six hotels in its portfolio.
The Faircity Quatermain has 104 rooms and five upmarket conference rooms, located nearby the Faircity Falstaff Hotel, which has 41 rooms and two conference rooms.
Over the next 10 years Faircity Hotels aims to acquire and develop three-star and four-star properties that align with its financial priorities and complement its corporate market focus.
