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Contents

   



(Top)
  


1 History  




2 Locations  




3 Accommodations  


3.1  Historical  




3.2  From 2015  






4 See also  




5 References  




6 External links  













Protea Hotels by Marriott: Difference between revisions






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{{Short description|South African hotel chain}}

{{Infobox company |

{{Infobox company |

name = Protea Hotels

name = Protea Hotels by Marriott

| logo =

| logo = Protea Hotels by Marriott logo.svg

| type = [[Hotels]]

| type = [[subsidiary]]

| company_slogan =

| company_slogan =

| foundation = 1984<ref name=8Nov13>{{Cite web | url=https://www.news24.com/Travel/South-Africa/Marriott-to-buy-Africas-largest-hotel-group-20131108 |title=news24, 8 Nov 2013 | website=www.news24.com}}</ref>

| foundation = 1991 in [[Cape Town]], [[South Africa]]

| founder = Otto Stehlik

| founder = Otto Stehlik

| location =

| location =

| locations = 126 in 10 [[Africa|African Countries]]

| locations = 80 in 10 [[Africa|African Countries]] (June 30, 2020)<ref name="brands">{{Cite web|title=Protea Hotels|url=https://hotel-development.marriott.com/brands/protea-hotels/|access-date=2020-08-20|website=Marriott Hotels Development|language=en-US}}</ref>

| industry = [[Hospitality]], [[Hotels]], [[Tourism]]

| industry = [[Hospitality]], [[Hotels]], [[Tourism]]

| products = Temporary residence

| products = hotel and resort properties

| revenue =

| revenue =

| num_employees =

| num_employees =

| parent =

| parent = [[Marriott International]]

| homepage = [http://www.proteahotels.com/ Homepage]

| homepage = {{URL|http://protea.marriott.com/}}

}}

}}


'''Protea Hotels by Marriott''' is a [[South Africa]]n hotel and leisure company headquartered in [[Cape Town]], [[South Africa]]. {{asof|January 2014}}, it was the largest hotel company on the continent, with over 126 owned and managed properties in 10 [[Africa]]n countries.<ref>[http://www.proteahotels.com/pages/about-us.aspx About Protea Hotels]</ref> As of November 2017, that number has been reduced to nearly 100 propertiesineight countries.<ref>{{Cite news|url=http://protea.marriott.com/about-protea-hotels-by-marriott/|title=ABOUT PROTEA|work=Protea Hotels|access-date=2017-11-16|language=en-US}}</ref> The company was named for the flowering plant [[Protea]], which is unique to South Africa, and its logo features a representation of the flower.

'''Protea Hotels by Marriott''' is a [[South Africa]]n hotel and leisure company headquartered in [[Cape Town]], [[South Africa]]. As of December 31, 2018, it was the largest hotel company on the African continent, with 80 properties in ten countries with 50 rooms in addition to 14 hotels with 2,498 roomsinthe pipeline.<ref name="brands"/><ref>{{Cite news|url=http://protea.marriott.com/about-protea-hotels-by-marriott/|title=ABOUT PROTEA|work=Protea Hotels|access-date=2018-12-09}}</ref> The company was named for the flowering plant [[Protea]], which is unique to South Africa, and its logo features a representation of the flower.


==Locations==

==History==
⚫

Otto Stehlik and six business associates established the company in 1984.<ref name="8Nov13" /> At that time, the founders held 40% of the stock, the remaining 60% being held by '''Bankrop''', now part of [[Barclays Africa Group]]. Initially, the company had four properties under management; two in [[Cape Town]], one in [[Johannesburg]] and one in [[KwaZulu-Natal South Coast|KwaZulu Natal South Coast]]. Expanding to 20 within a year, over 100 existed after two decades.<ref>{{Google books| Lw4iBgAAQBAJ |Africa, Continent of Economic Opportunity |page=190}}</ref>
⚫

The company owns, manages or franchises three, four and five star properties in ten African countries. The majority of its properties are located in [[South Africa]], where the company was founded and where it maintains its headquarters. Other countries of operation include [[Malawi]], [[Namibia]], [[Nigeria]], [[Tanzania]] and [[Zambia]].


⚫

In November 2013, Protea Hospitality Holdings, the holding company of Protea Hotels, signed a letter of intent, to be acquired by [[Marriott International]], the parent company of [[Marriott Hotels]]. The acquisition was approved by regulatory agencies in the respective nations,<ref>{{Cite web | url=https://www.businesslive.co.za/bd/companies/transport-and-tourism/2013-11-08-marriott-international-set-to-acquire-protea-hotels |title=Business Day, 8 Nov 2013 | website=www.businesslive.co.za}}</ref> and on January 22, 2014, it was announced that Protea had been sold for $186 million.<ref>{{Cite web | url=https://www.hotelmanagement.net/transactions/marriott-buys-protea-hospitality-for-186m |title=Hotel Management, 22 Jan 2014 | website=www.hotelmanagement.net}}</ref> All hotels controlled by PHH have since been rebranded as Protea Hotels by Marriott, but retaining the historic protea-flower logo.

In [[Uganda]] the company manages three properties, including the ''Kampala Protea Hotel'', located in the upscale neighborhood of [[Kololo]], in the country's capital [[Kampala]]; the ''Entebbe Protea Hotel'', adjacent to [[Entebbe International Airport]] and the ''Mbale Protea Hotel'', located in the [[Eastern Region, Uganda|Eastern Ugandan]] city of [[Mbale]], in the foothills of [[Mount Elgon]]. A fourth property, the ''Hoima Protea Hotel'' is currently under development in the [[Western Region, Uganda|Western Ugandan]] town of [[Hoima]], in the oil-rich '''Albertine Graben'''.<ref>[http://wolfganghthome.wordpress.com/2013/12/08/protea-hotels-widen-uganda-portfolio-with-new-hotel-in-hoima/ Protea Hotels Widens Uganda Portfolio With New Hotel In Hoima]</ref> The 25-room ''Kigali Protea Hotel'' is scheduled to open during the first quarter of 2014, making [[Rwanda]], the 10th country where the company has operations.<ref>[http://www.proteahotels.com/pressroom/Pages/protea-hospitality-group-enters-10th-african-country-rwanda.aspx Protea Hospitality Group Enters Tenth African Country]</ref>


==Locations==

The hotel group is also present in [[Kenya]].<ref>[http://mg.co.za/article/2013-11-15-00-marriott-buys-rooms-to-manoeuvre Marriott Buys Protea Hospitality Group]</ref><ref>[http://www.ventures-africa.com/2014/01/top-hotel-chains-in-forceful-african-expansion/ Top Hotel Chains Set For African Expansion]</ref> The ''Takoradi Protea Hotel'' is scheduled for opening during the first half of 2014, in [[Takoradi]], [[Ghana]].<ref>[http://www.howwemadeitinafrica.com/hotel-group-invests-in-ghanas-boom-town-takoradi/25057/ Hotel Group Invests In Takoradi]</ref>

[[File:Protea Hotel Waterfront, Richards Bay (2013).jpg|thumb|Protea Hotel [[Richards Bay]]]]


[[File:Protea Hotel Klerksdorp.jpg|thumb|Protea Hotel [[Klerksdorp]]]]

==History==
⚫

The company owns, manages or franchises three, four and five star properties in nine African countries. The majority of its properties are located in [[South Africa]], where the company was founded and where it maintains its headquarters. Other countries of operation are [[Algeria]], [[Ghana]], [[Malawi]], [[Namibia]], [[Nigeria]], [[Tanzania]], [[Uganda]] and [[Zambia]] and recently Botswana.{{cn|date=April 2024}}
⚫

The company was founded in 1984 by Otto Stehlik and six business associates. At that time, the founders held 40% of the stock, the remaining 60% being held by '''Bankrop''', now part of [[Barclays Africa Group]]. At the time of its founding, the company had four properties under management; two in [[Cape Town]], one in [[Johannesburg]] and one in [[KwaZulu Natal|KwaZulu Natal South Coast]]. After multiple changes in ownership, the Protea Hotel Group is organized as follows:<ref>[http://www.proteahotels.com/pages/about-us.aspx Group Organizational Structure]</ref>

* Protea Hospitality Corporation – also referred to as Protea Hospitality Holdings, it is the holding company. The [[stock]] ownership comprises: 40% [[Black Economic Empowerment|Black Economic Empowerment Partners]], 30% [[Investec Bank]] and 30% Protea Hotels Group Management

* Protea Hotels– this entity is responsible for the management and marketing activities of the hotels. This is done on the basis of a management or marketing agreement, a joint venture or an association.

* Protea Properties – this division is responsible for properties owned or leased by Protea Hospitality Corporation. These units have a management agreement with Protea Hotels.

* Plan One – responsible for planning, designing, refurbishing and upgrading of hotels. Protea Hospitality Corporation has a shareholding in Plan One. This company specializes in interior planning, design and consultancy.

* Procurement International – a subsidiary of Plan One. It specializes in the sourcing, supplying and installation of hotel furniture, fittings and equipment.


==Brands==

==Accommodations==

===Historical===

The group operates three brands of hotels:<ref>[http://www.proteahotels.com/SiteCollectionImages/aboutus/Protea-Brand-Segmentation.pdf Protea Hotels Group:Brand Segmentation]</ref>

{| class="wikitable mw-collapsible mw-collapsed"

* Protea Hotels - Mid Market Brand

|-

* Protea Hotel Fire & Ice - Upper Full Service Brand

!class="unsortable"| !! !! US !! Non-US !! !! Total

* African Pride Hotels - Luxury Brand

|-

| rowspan=2| 2014<ref>{{Cite web | url=https://marriott.gcs-web.com/static-files/f8b0b55a-a725-4b1c-9be2-12f4d3d5a556| p=17 |title=2014 Annual Report |website=www.marriott.gcs-web.com}}</ref> || Properties || || {{0}}{{0}}112 || || {{nb5}}112

|-

| Rooms || || {{0}}10,107 || || {{0}}10,107

|}


==Recent developments==

===From 2015===

{| class="wikitable"

⚫

In November 2013, Protea Hospitality Holdings, the holding company of Protea Hotels, signed a letter of intent, to be acquired by [[Marriott International]], the parent company of [[Marriott Hotels]]. The acquisition was approved by regulatory agencies in the relevant nations, and concluded during the first quarter of 2014.<ref>[http://www.bdlive.co.za/business/transport/2013/11/08/marriott-international-set-to-acquire-protea-hotels Marriott International Set To Acquire Protea Hotels]</ref> All hotels controlled by PHH have since been rebranded as Protea Hotels by Marriott, but retaining the historic protea-flower logo.

|-

!class="unsortable"| !! !! North<br />America !! {{thin space}}Europe{{thin space}} !! Middle E.<br />& Africa !! {{0}}Asia &{{0}}<br />Pacific !! Caribbean<br />Latin Am.!! !! Total

|-

| rowspan=2| 2015<ref>{{Cite web | url=https://marriott.gcs-web.com/static-files/6e94bd56-7bf0-46d8-be16-9ee79234e0ff| p=6 |title=2015 Annual Report |website=www.marriott.gcs-web.com}}</ref> || Properties || || || {{nb5}}{{0}}102 || || || || {{0}}{{0}}102

|-

| Rooms || || || {{nb5}}9,609 || || || || {{0}}9,609

|-

| rowspan=2| 2016<ref>{{Cite web | url=https://marriott.gcs-web.com/static-files/ff009de0-7abe-4813-9342-f4d8e33b87d2| p=8 |title=2016 Annual Report |website=www.marriott.gcs-web.com}}</ref> || Properties || || || {{nb5}}{{0}}{{0}}97 || || || || {{nb5}}97

|-

| Rooms || || || {{nb5}}9,352 || || || || {{0}}9,352

|-

| rowspan=2| 2017<ref>{{Cite web | url=https://marriott.gcs-web.com/static-files/057a8e1a-a5c5-4c20-a51c-0b20bf8a0bc1| p=8 |title=2017 Annual Report |website=www.marriott.gcs-web.com}}</ref> || Properties || || || {{nb5}}{{0}}{{0}}90 || || || || {{nb5}}90

|-

| Rooms || || || {{nb5}}9,033 || || || || {{0}}9,033

|-

| rowspan=2| 2018<ref>{{Cite web | url=https://marriott.gcs-web.com/static-files/8799734e-b9e0-4e53-b194-7bd24a381118| p=7 |title=2018 Annual Report |website=www.marriott.gcs-web.com}}</ref> || Properties || || || {{nb5}}{{0}}{{0}}80 || || || || {{nb5}}80

|-

| Rooms || || || {{nb5}}8,265 || || || || {{0}}8,265

|-

| rowspan=2| 2019<ref>{{Cite web | url=https://marriott.gcs-web.com/static-files/178683c9-c9d9-47b0-b115-726588f43130| p=7 |title=2019 Annual Report |website=www.marriott.gcs-web.com}}</ref> || Properties || || || {{nb5}}{{0}}{{0}}80 || || || || {{nb5}}80

|-

| Rooms || || || {{nb5}}8,359 || || || || {{0}}8,359

|-

| rowspan=2| 2020<ref>{{Cite web | url=https://marriott.gcs-web.com/static-files/c5e1faef-f1e5-40e3-bd70-5efbbb929a7f| p=9 |title=2020 Annual Report |website=www.marriott.gcs-web.com}}</ref> || Properties || || || {{nb5}}{{0}}{{0}}74 || || || || {{nb5}}74

|-

| Rooms || || || {{nb5}}7,851 || || || || {{0}}7,851

|-

| rowspan=2| 2021<ref>{{Cite web | url=https://marriott.gcs-web.com/static-files/33ba0a19-8a68-4f3f-9f73-fef2c458c22e| p=7 |title=2021 Annual Report |website=www.marriott.gcs-web.com}}</ref> || Properties || || {{nb5}}{{0}}1 || {{nb5}}{{0}}{{0}}66 || || || || {{nb5}}67

|-

| Rooms || || {{nb5}}72 || {{nb5}}6,783 || || || || {{0}}6,855

|-

| rowspan=2| 2022<ref>{{Cite web | url=https://marriott.gcs-web.com/static-files/c0fb865c-15b1-4166-9846-49b548da1ce4| p=7 |title=2022 Annual Report |website=www.marriott.gcs-web.com}}</ref> || Properties || || {{nb5}}{{0}}1 || {{nb5}}{{0}}{{0}}64 || || || || {{nb5}}65

|-

| Rooms || || {{nb5}}72 || {{nb5}}6,627 || || || || {{0}}6,699

|-

| rowspan=2| 2023<ref>{{Cite web | url=https://marriott.gcs-web.com/static-files/b82978a6-9d28-4e38-9855-fc4ae2cebe11| p=7 |title=2023 Annual Report |website=www.marriott.gcs-web.com}}</ref> || Properties || || {{nb5}}{{0}}1 || {{nb5}}{{0}}{{0}}62 || || || || {{nb5}}63

|-

| Rooms || || {{nb5}}72 || {{nb5}}6,539 || || || || {{0}}6,611

|}


==See also==

==See also==
Line 46: Line 86:


==References==

==References==

{{reflist}}

{{Reflist}}


== External links ==

== External links ==

{{commons category inline}}

* {{official|http://www.proteahotels.com}}

* {{Official website|http://protea.marriott.com/}}


{{Cape Town|economy}}

{{Marriott}}

{{Hotel chains}}

{{Hotel chains}}

{{Authority control}}


⚫

[[Category:Companies established in 1984]]

[[Category:Hotel chains]]

[[Category:Marriott International brands]]

[[Category:Marriott International brands]]
⚫

[[Category:Hotels established in 1984]]

[[Category:2014 mergers and acquisitions]]

[[Category:1984 establishments in South Africa]]

Latest revision as of 18:09, 15 May 2024

Protea Hotels by Marriott
Company typesubsidiary
IndustryHospitality, Hotels, Tourism
Founded1984[1]
FounderOtto Stehlik

Number of locations

80 in 10 African Countries (June 30, 2020)[2]
Productshotel and resort properties
ParentMarriott International
Websiteprotea.marriott.com

Protea Hotels by Marriott is a South African hotel and leisure company headquartered in Cape Town, South Africa. As of December 31, 2018, it was the largest hotel company on the African continent, with 80 properties in ten countries with 50 rooms in addition to 14 hotels with 2,498 rooms in the pipeline.[2][3] The company was named for the flowering plant Protea, which is unique to South Africa, and its logo features a representation of the flower.

History[edit]

Otto Stehlik and six business associates established the company in 1984.[1] At that time, the founders held 40% of the stock, the remaining 60% being held by Bankrop, now part of Barclays Africa Group. Initially, the company had four properties under management; two in Cape Town, one in Johannesburg and one in KwaZulu Natal South Coast. Expanding to 20 within a year, over 100 existed after two decades.[4]

In November 2013, Protea Hospitality Holdings, the holding company of Protea Hotels, signed a letter of intent, to be acquired by Marriott International, the parent company of Marriott Hotels. The acquisition was approved by regulatory agencies in the respective nations,[5] and on January 22, 2014, it was announced that Protea had been sold for $186 million.[6] All hotels controlled by PHH have since been rebranded as Protea Hotels by Marriott, but retaining the historic protea-flower logo.

Locations[edit]

Protea Hotel Richards Bay
Protea Hotel Klerksdorp

The company owns, manages or franchises three, four and five star properties in nine African countries. The majority of its properties are located in South Africa, where the company was founded and where it maintains its headquarters. Other countries of operation are Algeria, Ghana, Malawi, Namibia, Nigeria, Tanzania, Uganda and Zambia and recently Botswana.[citation needed]

Accommodations[edit]

Historical[edit]

US Non-US Total
2014[7] Properties 00112      112
Rooms 010,107 010,107

From 2015[edit]

North
America		  Europe  Middle E.
& Africa		 0Asia &0
Pacific		 Caribbean
Latin Am.		 Total
2015[8] Properties      0102 00102
Rooms      9,609 09,609
2016[9] Properties      0097      97
Rooms      9,352 09,352
2017[10] Properties      0090      90
Rooms      9,033 09,033
2018[11] Properties      0080      80
Rooms      8,265 08,265
2019[12] Properties      0080      80
Rooms      8,359 08,359
2020[13] Properties      0074      74
Rooms      7,851 07,851
2021[14] Properties      01      0066      67
Rooms      72      6,783 06,855
2022[15] Properties      01      0064      65
Rooms      72      6,627 06,699
2023[16] Properties      01      0062      63
Rooms      72      6,539 06,611

See also[edit]

References[edit]

  1. ^ a b "news24, 8 Nov 2013". www.news24.com.
  • ^ a b "Protea Hotels". Marriott Hotels Development. Retrieved 2020-08-20.
  • ^ "ABOUT PROTEA". Protea Hotels. Retrieved 2018-12-09.
  • ^ Africa, Continent of Economic Opportunity , p. 190, at Google Books
  • ^ "Business Day, 8 Nov 2013". www.businesslive.co.za.
  • ^ "Hotel Management, 22 Jan 2014". www.hotelmanagement.net.
  • ^ "2014 Annual Report". www.marriott.gcs-web.com. p. 17.
  • ^ "2015 Annual Report". www.marriott.gcs-web.com. p. 6.
  • ^ "2016 Annual Report". www.marriott.gcs-web.com. p. 8.
  • ^ "2017 Annual Report". www.marriott.gcs-web.com. p. 8.
  • ^ "2018 Annual Report". www.marriott.gcs-web.com. p. 7.
  • ^ "2019 Annual Report". www.marriott.gcs-web.com. p. 7.
  • ^ "2020 Annual Report". www.marriott.gcs-web.com. p. 9.
  • ^ "2021 Annual Report". www.marriott.gcs-web.com. p. 7.
  • ^ "2022 Annual Report". www.marriott.gcs-web.com. p. 7.
  • ^ "2023 Annual Report". www.marriott.gcs-web.com. p. 7.

    • External links[edit]

    Media related to Protea Hotels by Marriott at Wikimedia Commons


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