Protea Hotels

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Protea Hotels
1001-5000 employees

Cape Town,
South Africa
http://www.proteahotels.com

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On 1 July 1984, the Protea Hotels was formed with an initial base of four managed properties which were controlled by Otto Stehlik and his partners: The Heerengracht and Capetonian Hotels in Cape Town, The Protea Gardens Hotel in Johannesburg, and The San Lameer resort on the KwaZulu Natal South Coast. At that time, the company was owned 60% by Bankorp and 40% by Stehlik and his partner, who were also directors of the company. Following a rapid expansion program, Protea Hotels offered accommodation right across the three-, four- and five-star spectrum. All the hotels were refurbished and upgraded and obtained a higher star-grading. Today, Protea Hotels is the biggest hotel group in Africa with the most extensive network. 1987 saw the Stehlik team buying out Bankorp’s share in the management and property companies. Thus, Stehlik and his six co-directors controlled 100% of Protea Hotels. A further 5 directors were appointed to the Board of Protea Hotels in 1994. Protea Hotels specialises in: Accommodation, Hospitality, Marketing and Management, Administration.

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