Southern Sun buys The Grace Hotel
Southern Sun recently bought The Grace hotel in Rosebank for R85m. They are planning to do major refurbishments to the 73 room hotel and turning it into a boutique hotel targeting corporates, but with an intimate feel. Southern Sun managing director Graham Wood said it will be Southern Sun’s first “boutique deluxe” in Johannesburg. This will be the first Southern Sun hotel in the Rosebank node, an area Wood says has major growth potential.