Peermont Hotels Casinos and Resorts has completed the sale of the four-star Peermont Mondazur Hotel and Spa at San Lameer in KwaZulu Natal to the Cape Town-based Fairtree Hospitality Real Estate Private Equity Fund. The hotel is being rebranded as the San Lameer Resort Hotel & Spa to align with the San Lameer Golf Estate.
“We are confident that, in Fairtree Capital, we have found a buyer who will continue to develop and improve the property for the benefit of our guests, whom we have enjoyed hosting over the years,” said Anthony Puttergill, Peermont CEO. Following the sale, the current staff will remain in place under new GM, Marc Gers.
The new owners and management team took over operations at Mondazur from July 1. All telephone numbers for the property remain the same, including the main contact number.