With consolidation comes synergies and in Africa, ONOMO is making moves to become a more prevalent name and presence. Recently, it announced it was acquiring BON Hotels, an international hospitality company that owns, manages and markets hotels throughout Africa. It now operates 37 hotels across the African continent, including hotels in Ethiopia, Namibia and South Africa.
To date, ONOMO has 21 hotels in 12 African countries and a secured development pipeline across Africa of over 2000 rooms.
ONOMO Chairman Julien Ruggieri commented on the deal, “ONOMO is consolidating the African hospitality market and will continue to strengthen its pan-African presence. The acquisition deal establishes ONOMO as a key player in the Nigerian market and will reinforce our presence in Southern Africa.”
“The deal positions ONOMO as the leading pan-African mid-scale hospitality group with a footprint spanning 15 countries and with 4,300 rooms and a significant pipeline of 3,000 additional rooms. In addition, the new group now jointly employs some 2,200 people.
“We will benefit from BON Hotels’ extensive experience of offering its services as a hotel management company. A new chapter lies ahead in which ONOMO will expand through ownership, partnership and management services. With its unique local knowledge, investors across the continent can partner with the new hotel group in a range of African countries,” states ONOMO Hotels CEO, Cedric Guilleminot.
