Protea Hotels by Marriott has strengthened its partnership with Union Gold Zambia Limited after signing an agreement for the construction of a new Protea Hotels by Marriot Bonanza Estate in Lusaka.
Construction on the 241-room hotel is scheduled to start in the beginning of 2019, with the opening planned for two years later.
The new property will be the largest hotel operating under the brand in Zambia.
The resort-style hotel development will have a range of food and beverage venues, conferencing options, a spa, and other recreational facilities.
It will also have a standalone amphitheatre dedicated to hosting large-scale events and launches, and able to seat around 2 000 people.
Mark O’Donnell, Chairman of Union Gold Zambia, said: “Zambia is a country with huge potential for both business and leisure tourism, yet it has for many years been under-serviced in the roll-out of tourist infrastructure. Our new venture will meet the rising demand for quality lodging in the country.”
The hotel will be located in the newly announced Bonanza Estate, which features an 18-hole golf course designed by Peter Matkovich.
The hope is to attract international golf tournaments and make the estate a key destination for leisure travellers and golf enthusiasts.
Development of Bonanza Estate into a new urban hub is tied to the future expansion of Lusaka beyond the central business district precinct.
Bonanza Estate is 10km from Kenneth Kaunda International Airport, and close to the Multi-Facility Economic Zone, an initiative of the Zambian and Japanese governments.
Hadiarrhea Hagain!
@Sharon,Agony is being filled with so much hate and envy and not realising that HH is a major shareholder in Union Gold Zambia, so by implication he will get even richer
Some important information missing here:
1.How much is this project worth (in Euros or USDollars?)
2. Who is/are the landlords of Bonanza Estate and what is the investors relation with them?
3. Who authorizes the construction of hotels in Zambia and what criteria do they use?
4. Is Union Gold Zambia Ltd. a private company or does Zambian government have shares?
I can only answer one question here: Union Gold is private company owned by Mark O’Donnell. O’Donnell is a white Zambian, born and brought up on the Copperbelt. He did his secondary education at Kansenshi Secondary School in Ndola and then went into family business in a very big way before going solo.
Thank you, Mark. You are an inspiration to many aspiring businessmen and woman in Zambia. This is a unique and timely investment and with your track record, it will succeed. A real Zambian investor.
LT editor again caught napping publishing news not knowing that they are giving free advertisement …of what importance is the half -cooked rubbish you have posted!!
Mark O’Donnell always puts up cheap infrastructure, i hope we won’t see the shoddy standards of arcades even here.
Cheap shoddy structures but charges you 5 star prices and you flog there like flies on sh%t
Some of you commenting on this platform are poor and instead of getting inspired of what others are doing your poverty spirit will just influence you to contribute jealous. This MC O DENELL GUY IS DOING big things and he inspires me too much.
Let us all be encouraged.
Remember, it is not a sin to be born poor but it is a sin to die poor.
It is not a sin to die poor ,,,,,,but to live and die morally bankrupt is sin in ant nation let alone a christian nation