ONOMO Hotels named best real estate project in Africa by the Africa Investments Forum and Awards
The ONOMO Hotels group was awarded an award at the third edition of the Africa Investments Forum and Awards in Paris and won the Gold prize, first prize of this competition in the “Best real estate project 2019” category.
“More than a prize, this recognition represents recognition of the growth and performance of the ONOMO group in Africa. This further strengthens our ambition to make the ONOMO group the leading pan-African hotel platform in the mid-range segment,” declared Cedric Guilleminot, Managing Director of ONOMO Hotels.
The third edition of Africa Investments Forum and Awards was an opportunity to reward the best African projects and actors. In each category, the Gold Award winners were chosen by an independent jury made up of more than 80 experts from different sectors.
As a reminder, the Africa Investments Forum & Awards brings together more than 700 public and private decision-makers operating in Africa: CEOs, Managing Directors, Investment Directors, International Directors, experts and institutional players to discuss, network, debate and reward key players in the energy, mining, infrastructure and urban planning, mergers and acquisitions, growth strategies and real estate industries.
About ONOMO Hotels
ONOMO Hôtels was created in 2009. The first hotel, ONOMO Hotel Dakar, opened its doors in 2010 followed by that of Abidjan in 2011 and Libreville in 2012.
Batipart became the majority shareholder in 2013, under the leadership of Julien Ruggieri, the current president of ONOMO Hotels. Since 2013, Cedric Guilleminot has been the Managing Director of the group, which has a clear vocation: to become the pan-African leader in mid-range hotels.
In October 2017, ONOMO Hotels opens a new chapter in its expansion in Africa and welcomes two new institutional shareholders: CDC Group Plc and Crédit Mutuel Capital. The latter have committed to raising funds of 106 million euros to provide the group with additional resources necessary for the development of its pipeline. The objective was to enable the group to achieve its ambition of making ONOMO hotels the first pan-African hotel platform in the mid-range segment.
In June 2018, ONOMO Hotels acquired the Cantor group in Morocco. An acquisition which gave birth to 2 hotels in Rabat, 3 in Casablanca and 1 in Tangier. In December 2019, ONOMO Hotels announced the acquisition of 60.1% of BON Hotels which operates more than 20 hotels mainly in Nigeria and South Africa. To date, ONOMO has 21 hotels operating in 12 African countries.
source: financialafrik.com
