Legacy Hotels & Resorts is in a good space, with a diversified portfolio of hotel and resort properties that ensure the South African-based group can weather any particular market segment storm, and provide it with a platform from which to explore new territories. Managing Director Paddy Brearley hosted editor Dylan Rogers for a coffee in Johannesburg, to update Business Traveller Africa on Legacy’s various properties.
2016 was a good year for Legacy Hotels & Resorts, but before you go assuming that was thanks to its corporate travel-focused properties, think again. Sure, Legacy is arguably more well-known for high-profile corporate hotels such as the Michelangelo in Johannesburg’s Sandton district, but the group’s big 2016 performers were found elsewhere in South Africa.
“We’ve had the best occupancies in history, the last year, in Cape Town and in our lodges,” says Brearley. “Sandton is good, but it’s more corporate market, and that market is suffering, because South African industry is in a little bit of a spin – there’s not enough corporates spending big money and the government is not spending either.”
Legacy may operate properties in Gabon, Ghana, Namibia, Nigeria and Zimbabwe, with a nice spread of corporate and resort offerings, but Brearley remains bullish about the future of South Africa. That being said, he currently sees more opportunity at the top end of the market, thanks to renewed international leisure travel interest.
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