Ennismore and Kasada reveal the opening of the very first Hyde hotel in Africa

Found in the heart of Johannesburg's Rosebank district, the Hyde Johannesburg uses 131 spaces, consisting of 31 suites, in addition to different centers such as a fitness center. The hotel will go through a small repair to provide it a more bohemian feel, in keeping with the Hyde brand name identity. The improvement consists of the development of a brand-new mural, art and music areas on the ground flooring, along with brand-new art setups throughout the hotel, motivating regional creative expression.

The multi-purpose structure that houses Hyde Johannesburg likewise consists of Proud Mary, a prominent dining establishment, lobby lounge, conference room, in addition to 7,400 m ² of totally rented coworking, workplace and retail area. The hotel will show the complimentary and joyful spirit of the brand name.

Rosebank, a cosmopolitan location in the north of Johannesburg, is understood for its mall, lively arts and culture scene and busy enterprise zone. The hotel lies near Rosebank Gautrain station and the structure won the 2022 International Property Award for Best Mixed Use Development, acknowledging the quality of its architectural style.

Hyde Hotels is currently present in Miami, Dubai, Ibiza and Bodrum, with ongoing development and prepared openings in London, Perth and Queenstown. This financial investment reinforces Kasada's existence in South Africa, where it has actually currently made 3 financial investments in Cape Town, consisting of the Cape Grace by Fairmont in 2022, the Pullman Cape Town in 2023, and the advancement of a Mama Shelter in partnership with Ennismore. Kasada's portfolio now consists of 20 hotels in operation or under building throughout 7 African nations.

“Hyde Hotels have a sense of secret and liberty, with that sensation that anything can occur, and we are exceptionally thrilled to bring this special way of life hospitality experience to Johannesburg. We are happy to be as soon as again partnering with Kasada to bring an Ennismore brand name to Africa for the very first time and to open in a brand-new worldwide location, additional broadening the reach of our network.” – Louis Abi Abboud, Chief Development Officer and Deputy Head of IMEAT at Ennismore

“We're delighted about bringing Kasada's competence as the leading hospitality financier and owner on the continent to among the very best way of life hotels in Africa. As a dedicated and accountable financier in South Africa, we see this financial investment as a crucial chance to even more our commitment to supporting financial and socio-economic development through the tourist and hospitality sectors. We anticipate working carefully with Ennismore to make Hyde Johannesburg the very best way of life hotel location not just for Johannesburg however likewise for the African continent.” – Olivier Granet and David Damiba, Managing Partners and co-CEOs of Kasada