Tourvest acquires Three Cities
Tourvest Holdings
has bought Three Cities
Management in a move
that will see its African
Hotels and Adventures
(AHA) business, a division
of Tourvest, become one of
the largest tourism hotel
and lodge management
companies in South Africa.
In terms of the deal,
which is subject to various
conditions including
Competition Commission
approval, Tourvest will
acquire the existing
sales, marketing and
management contracts
for 23 hotels and lodges
across the country.
