ONOMO Hotels has acquired a 60,1% controlling stake in South Africa-based BON Hotels.
This gives ONOMO a key stake in the Nigerian market and reinforces its presence in Southern Africa.
BON Hotels currently has a portfolio of 17 hotels under its management in Nigeria and nine in South Africa.
As a result of the deal, ONOMO will have a footprint spanning 15 countries, with 4,300 rooms and a pipeline of 3,000 additional rooms.
“Becoming part of ONOMO Hotels is good news for BON Hotels’ existing and future partners, giving them access to a bigger client database, a stronger distribution platform, and increased purchasing power,” says Guy Stehlik, CEO of BON Hotels. “Our clients will benefit from the unique presence of ONOMO and BON Hotels across Africa and a wider-reaching loyalty programme.”
Both companies have strong family backing and associations.
Stehlik and his family have a long association with South African and Nigerian hospitality, while ONOMO Hotels owes its history to the investment by Batipart Invest – a company founded and owned by the Luxembourg-based Ruggieri family, which is one of the biggest private investors in hospitality in Africa.