TORONTO — AccorHotels has signed a strategic agreement with South Africa-based Mantis Group, acquiring 50% stake in their business.
The acquisition will allow Accor to expand its hotel network in Africa and beyond, as Mantis boasts a collection of award-winning, privately owned, five-star properties and lodges across all seven continents. It will also combine both parties’ vision of embodying conservation and education into its operations.
This strategic partnership is accompanied by the launch of Community Conservation Fund Africa (CCFA), a non-profit organization that aims to amplify both Groups’ commitment towards preventing the accelerating decline of Africa’s wildlife. Both groups are also committed to bring together three internationally renowned conservation organizations: Wilderness Foundation, Tusk Trust and African Parks.
“Mantis is a pioneer in customized one-of-a-kind travel services in some of the most imaginative hotels across the world,” said Sebastien Bazin, Chairman and CEO, AccorHotels. “With this strategic partnership, we are reinforcing the Group’s footprint in Africa and we have access to a brand with strong roots and heritage, recognised for its commitment to preserve the environment and its prestigious credentials in the hospitality space.”
Added Adrian Gardiner, founder and chairman of the Mantis Group: “This agreement presents an attractive proposition for the Mantis Group to utilize AccorHotels’ robust distribution channels and world-wide reach to further develop the hospitality concepts and sustainability projects we have worked so tirelessly to grow.”
Mantis’ network features 28 managed properties, plus a global network of branded hotels and residences that include boutique hotels and flagship properties such as Founders Lodge, a South African game reserve in the Eastern Cape. Mantis Group also owns and operates a number of unique luxury houseboats and a lodge under the Zambezi Queen Collection brand.