The Petchus family, owners of Newlands vineyards and Stellenbosch's Ode Wharf, announced the acquisition of the Stellenbosch Hotel and Stellenbosch Kitchen, adding to its presence in the historic Wineland town. It's been strengthened. The acquisition strengthens the family's commitment to hospitality, heritage preservation and providing exceptional guest experiences.
A well-established, three-star heritage property, Stellenbosch Hotel joins the group's four-star deluxe hotel, Oude Werf, as part of its growing portfolio. Having a long-standing reputation for preserving and evolving historic property, the Petchusis family aims to celebrate the unique characters of the Stellenbosch Hotel while enhancing the guest experience.
Lex Petousis, CEO of both Stellenbosch Properties, oversees the transition and integration of hotels into groups. Looking back on the acquisition, he pointed out:
“Walking through the Stellenbosch Hotel, I was struck by an echo of history woven into that wall. We carefully nurtured that property to our destination today. To do the same here We look forward to it. Change takes time and we are committed to meaningfully engage with stakeholders and to considerately refine our plans to respect their history and character. Our investments With this, Stellenbosch Hotel aligns with our vision of sustainable change in hospitality, community and the environment.”
With this new acquisition, Petousis Group currently offers a total of 100 rooms. It offers 58 rooms at Oude Werf, 38 rooms at Stellenbosch Hotel and 4 two-bedroom apartments within 100 metres on vibrant Church Street. The purchase also includes Stellenbosch Kitchen, further enhancing the group's food and drink hospitality offering.
With over 50 years of experience in the Western Cape Hotels industry, the Petuchus family is looking forward to how these two properties contribute as partners in Central Stellenbosch's continued evolution.
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