Tsogo Sun has reached an agreement with the owners of the recently demolished Tulip hotel for the construction of a new 500-bedroom hotel complex on the corners of Buitengracht and Strand streets, for a total investment of R680 million.
“I’m pleased that Tsogo Sun have decided to expand their offering in the city centre, which already includes The Cullinan, Southern Sun Waterfront and Southern Sun Cape Sun. Tsogo Sun’s continued investment into the Western Cape speaks to the confidence they have in our province as a business destination,” said Minister Alan Winde.
The new hotel will consist of two products in one complex, a 200-bedroom latest-design SunSquare hotel and a 300-bedroom new generation StayEasy hotel, offering a choice of affordable and stylish accommodation. Included in the complex will be banqueting and conference facilities, Tsogo Sun’s trendy and fast growing casual dining offering Vigour & Verve, retail space and approximately 300 underground parking bays. The hotel site currently includes a heritage façade which will be retained.
The Cape Town International Convention Centre’s expansion meant there would be an increase in demand for accommodation in the city centre.
Construction is expected to begin in May 2015 and to be completed by September 2017, in time for peak summer tourist season.
Tsogo Sun’s portfolio includes over 90 hotels and 14 casino and entertainment destinations throughout South Africa, Africa, the Seychelles and Abu Dhabi.
The Cullinan Hotel – Cape Town – Photo Credit – Tsogo Sun