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HTI Consulting wins Top Services Group of the Year at 2020 API Awards

Cape Town.

HTI Consulting received an API Award for Top Services Group of the Year, from the API (African Property Investments) Virtual Summit that took place recently.

The API Awards, established to recognise and promote excellence in Africa’s rising real estate sector, are a critical benchmark for measuring success in the industry. The awards provide peer recognition for the world-class work and services being undertaken by those developers, professional teams, consultants, suppliers and property owners who shape the African built environment landscape.

“This year’s API Awards took place virtually and were adapted to not only recognise special achievements, but also to celebrate individuals and companies who went above and beyond to support their clients and customers in an extremely challenging environment. Given the negative impact the pandemic had on the hospitality sector, It was especially inspiring to see HTI Consulting awarded Top Property Services Group, and goes to show the extraordinary efforts Wayne and his team, have undertaken to provide invaluable support and service to their industry,” said Kfir Russin, MD of API Events.

Wayne Troughton, CEO of HTI Consulting, commenting on this achievement said, “Winning the Top Services Group of the Year Award is tremendously important to us and we’re honoured to accept it,” he said. “We are committed to furthering API’s aim to push the boundaries of excellence in African property development and will continue to leverage management best practices and years of knowledge and expertise to support our clients and respond to the needs of the continent.”

HTI Consulting is Africa’s largest homegrown hospitality and brokerage company, proving in- depth analysis and specialist expertise to hotel owners, developers, operators, investors and institutional clients, such as banks and funds. For the past 17 years the firm has worked on over 500 assignments in 50 countries in Africa, and has been instrumental in facilitating numerous hotel developments across the length and breadth of the continent.

“This year, the awards placed special emphasis on how companies were adapting to the Covid-19 pandemic by maintaining and streamlining operations, employing innovative strategies and always putting the needs of their clients first. As such we’ll ensure we continue to assist in championing the improvement of development standards and global best practices in the African hotel and real estate,” said Troughton.

In the last 2 years HTI Consulting has advised owners on the signing of 17 management contracts with large hotel operators including, Marriott, Hilton, Radisson, Hyatt, Minor Hotels, Accor, Best Western, Sarovar and more.

In 2019 HTI Consulting was responsible for the implementation of 44 feasibility/market studies, 7 management contracts, 11 due diligences for banks, 3 finance raising assignments, with loans disbursed on the Best Western Vib Hotel in Cape Town and the Onomo Hotels in Kigali and Kampala, 3 brokerage assignments and 4 valuations. At the end of 2018 the team sold the Four Points Sheraton in Lagos, in what represented the largest single hotel transaction to ever take place in Nigeria.

HTI Consulting have also worked on numerous landmark deals including the Marriott Melrose Arch, Radisson Red Cape Town, Hilton Garden Inn Swaziland, Sun Square and Stay Easy Cape Town, as well as AC by Marriott Cape Town.

”We have been working with HTI since 2013,” comments Mark Noble, Development Director for the V&A Waterfront, Cape Town. “They’ve assisted us with a number of hotel development projects and been incredibly professional. They are prepared to go the extra mile to deliver real value to a project – and we congratulate them on their award!”

“HTI has been a key partner of our Group for over 5 years,” says Julien Renaud, Development Director, ONOMO Hotels. "We appreciate their market knowledge, vast network and tailor-made approach. They’re quick, efficient, and always available to provide creative solutions for their clients.”

Osbourne Majuru, CEO, Cresta Hotels says,“We’ve worked with HTI Consulting on a number of key investment projects and have found their outputs and analysis to be of the highest quality. HTI adopt a client-driven, practical approach and are always very responsive and flexible. They continue to be pro-active in sourcing opportunities for us through their network of hotel owners, developers and investors in Africa.”

“We attribute our success today to our desire to nurture long-term business relationships with our clients and provide tailored, results-orientated solutions for every stage of an organisation’s development,” states Troughton. “We believe in adopting a thorough, comprehensiveness approach and a fine attention to detail on every project we embark on,” he says. “Our commitment to providing valuable, unique information and exposure to business opportunities means we continue to uncover areas of potential and provide key development and management advice to our clients, even after the completion of projects.”

Tatiana Rokou

Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.

She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.

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