Marriott Group acquires Protea hotel chain

Barely 10 days ago, the Marriott Group signed a letter of intent which will see it acquire the Protea Hotel Chain. If completed on schedule, that deal is thought to be worth $ 200 M, and according to Marriott, it should make the American firm the leading hotel chain in Africa. However, as CCTV's Daniel Ryntjes reports, the Marriott Group's not the only one eager to gain a foothold on the continent.

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