Capital hotels, apartments and resorts continue their strong growth streak thanks to the expansion of existing real estate. This development forms part of the Capital Hotel Group's broader national growth strategy. This includes the expansion of Capital Trilogy properties in Pretoria, the opening of an exciting new hotel in Durban's Capital Pearls Shore, and Gqeberha, making it the group's first fortune in the Eastern Cape.
Smart play in a rapidly growing sector:
Tourism remains an important engine for the South African economy, contributing 3.3% to the national GDP in 2024, bringing the number of foreigners close to 9 million. The local hospitality industry, which weighs approximately R24 billion (US$1.36 billion), is projected to increase by 4.4% per year through 2030. Against this backdrop, the Capital Hotel Group's latest developments are filled with an increasing demand for high quality, flexible accommodations in the country.
“Our focus is always on meeting guests in places that offer both convenience and energy. The capital trilogy has launched a brand new wing of premium rooms and serviced apartments, making Menlin Main Lifestyle attractive, whether you're staying for a few nights or months or a few months.
Laying the foundation for cross-country growth:
Meanwhile, at GQEBERHA, Capital Hotel Group is preparing to bring a live signature service model to the iconic Boardwalk district in 2026. Provides flexible stays, well equipped apartments and conferences. The new hotel is expected to be a major draw in the state's growing tourism and business events market.
“Our national footprint is expanding in a way that matches the momentum of South African tourism. Whether it's the capital Pearls Shore or the new hotel we're building in GQEBERHA, our expansion is a green light from the South African masses.
As South Africa's tourism sector recovers and diversifies, the latest developments from Capital Hotel Group show confidence in the future of domestic travel, business tourism and lifestyle accommodation. The growth of the Hotel Group will also have a positive impact on local job creation, supply chains and ongoing revitalization of major urban centres.
For industry-related news, click here.