Tourism continues to be a growth area in many African economies and this, together with increased business travel into and within Africa, has been driving activity in recent times in the hotels and leisure sector on the continent. This includes the development of new hotels and increased M&A activity in the sector.
We have specialist know-how and experience in the sector, having advised a number of international hotel groups as they commenced doing business in Africa, or have looked to expand their existing footprint in Africa. Such advice has covered many different areas including real estate leasing, conservation, development and construction, intellectual property licensing, franchising and regulatory advice, financing, tax structuring and dispute resolution.
From an M&A perspective we have recently advised one of the world’s largest hotel groups in its acquisition of a South African based hotel group with interests in over eight African countries.
From a real estate and conservation perspective, we have specialist experience in assisting clients create and implement legal structures for the sustainable conservation of indigenous plants and wild animals, a key product offering for players in the African tourism sector. We have for many years acted for most of the big names in conservation around the world, including The Nature Conservancy, Conservation International, African Parks Network, African Wildlife Foundation and The Lewa Wildlife Conservancy amongst others.
Through our footprint in Africa, including the OHADA region, and our strong relationships with firms on the ground in other key jurisdictions in Africa, we are well placed to provide cross-border advice spanning the full range of legal services to clients doing business in this sector.