TRG Property Sales

Two New Hotel Developments in Cape Verde by 2020

The Resort Group PLC has signed agreements with Deutsche Hospitality to develop two new hotels in Cape Verde, which will become home to the Steigenberger Hotels and Resorts and Jaz at the Beach brands.

Deutsche Hospitality is a world-renowned brand which brings together three separate hotel brands – Steigenberger Hotels and Resorts, Jaz in the City and Intercity Hotel. The Deutsche Hospitality brand encompasses a total of 116 hotels, 18 of which are at the development stage, while the current portfolio includes 56 Steigenberger Hotels and Resorts and 41 Intercity Hotels.

Puneet Chhatwal, CEO of Deutsche Hospitality, commented: “Expanding into a new country is a major step forward for our company. The international alignment of our portfolio strengthens us as an economic force and raises brand awareness. We are looking forward to opening our new hotels in such wonderful surroundings.”

The two hotels will be developed on a single site located at Santa Monica Beach on the island of Boa Vista. The most easterly and third largest of the Cape Verde Islands is becoming an increasingly popular destination with its pleasant year round climate, beautiful beaches and environment – all constitute ideal prerequisites for the tourism development the island is currently undergoing. Santa Monica Beach is in the south of Boa Vista and is considered to be the most attractive on the island. The two new-build hotels, both scheduled to open by 2020, will respectively contain around 200 rooms (Jaz) and up to 350 rooms (Steigenberger).

Rob Jarrett, CEO of The Resort Group PLC added, “We are delighted to be partnering with Deutsche Hospitality to bring two new world class hotels and resorts to Cape Verde. Cape Verde is a growing tourist destination with fantastic all year round warm weather and unspoilt beaches – it is the perfect getaway.”

For more information on our current developments, browse our website or get in touch via the contact page.

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