Taj Palace Hotel
The Cape Town property scene is holding its breath in anticipation for its newest arrival. Eurocape have a partnership with Indian Hotels Company Ltd (IHCL) to develop Cape Town's newest addition in luxury hotel accommodation: Taj Palace Hotel. The five-star hotel will form part of the Mandela Rhodes Place precinct in Cape Town's Old City and will be known as the Taj Palace Cape Town.
Features of Taj Palace Cape Town
The 174-room luxury hotel, which will cater mainly for the leisure tourism market, will also include a number of luxury apartments. It will be developed within two heritage buildings which form part of the Mandela Rhodes Place precinct.
These include the landmark Old Reserve Bank building, the Board of Executors building and the old Cape of Good Hope Bank building, which are flanked by St George's Mall, Wale Street and Adderley Street and is within walking distance of Cape Town's major tourist and cultural attractions. Rooms will overlook Cape Town's cityscape, the Company's Gardens and Table Mountain.
Construction on this Cape Town property opportunity commenced in September 2006 and the project is scheduled for completion by mid 2009.
About India Hotels Company Ltd
Indian Hotels Company Ltd (IHCL) owns and operates 75 Taj Hotels, Resorts and Palaces across the world and the R300-million hotel at Mandela Rhodes Place marks their first major investment into South Africa.
The South African market has always been part of the company's Indian Ocean Rim development strategy and, in addition to the Cape Town property, Taj Hotels Resorts and Palaces intends developing two other hotel properties in Johannesburg and Durban. With properties in Maldives, Mauritius and Seychelles, additions in the main cities of South Africa will complete the strategy.
Taj Hotels Resorts and Palaces is part of the Tata Group, India's premier business house which has been doing business in Africa since mid-1970. In 1994, the Tata Group opened an office in South Africa, which has developed into the headquarters for the Group's entire African operations.
Contact us for more information about this Cape Town property.
