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Work to start on hotel
Posted on: Tuesday, 10 April 2007. Article source: Eastern Cape Business News
Business Staff
IN the first Nelson Mandela Bay beachfront spin-off from the 2010 Soccer World Cup, work will get under way this month on a new five-star hotel.
Developers Auspex Property said at the weekend that the sod-turning ceremony for the five-star Reef on Marine Hotel would take place on Tuesday, April 24, at the site, on the corner of Marine Drive and Ninth Avenue, Summerstrand. The 14-floor hotel will have 128 suites.
Auspex has said it considers Nelson Mandela Bay the ideal place for such a hotel because of its recent growth and future potential. A number of investments for 28 days a year in the hotel are being sought.
Plans for another five-star hotel in Madiba Bay are also being considered by a separate company.
IN the first Nelson Mandela Bay beachfront spin-off from the 2010 Soccer World Cup, work will get under way this month on a new five-star hotel.
Developers Auspex Property said at the weekend that the sod-turning ceremony for the five-star Reef on Marine Hotel would take place on Tuesday, April 24, at the site, on the corner of Marine Drive and Ninth Avenue, Summerstrand. The 14-floor hotel will have 128 suites.
Auspex has said it considers Nelson Mandela Bay the ideal place for such a hotel because of its recent growth and future potential. A number of investments for 28 days a year in the hotel are being sought.
Plans for another five-star hotel in Madiba Bay are also being considered by a separate company.
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