Accor Acquires stake in Mantis Group

521

AccorHotels has announced a strategic partnership with the South Africa-based Mantis Group, a collection of privately-owned, managed and branded five-star properties and lodges located around the world, across all seven continents.

The agreement sees Accor acquire a 50% stake in the Mantis Group.

The partnership is accompanied by the launch of the Community Conservation Fund Africa (CCFA), a non-profit organization that aims to amplify both groups’ commitment to preventing the accelerating decline of Africa’s wildlife, bringing together three international conservation organizations – Wilderness Foundation, Tusk Trust and African Parks.

The Mantis network features 28 managed properties, plus a global network of branded hotels and residences, including boutique villas and flagship properties such as Founders Lodge – a South African game reserve located in the Eastern Cape, Mantis St Helena – a boutique hotel on the remote island in the Atlantic Ocean, as well as the Draycott Hotel in London.