South Africa’s Top 10 Hotels For The Super-Rich

South Africa’s Top 10 Hotels For The Super-Rich
Sun City

AFRICANGLOBE – The Palace of the Lost City was the hotel in South Africa most visited by the super-rich in the year to June 2014, according to a new report by research company New World Wealth.

The Lost City is part of the Sun City development, a luxury casino and resort situated two hours north-west of Johannesburg. It was originally developed by hotel tycoon Sol Kerzner in the 1970s. The resort comprises a number of hotels as well as leisure facilities such as golf courses and a water park. The majority of its multi-millionaire guests came from the US, the UK and Europe.

Other properties popular among the wealthy include the Michelangelo, the Table Bay and the Sandton Sun.

Top 10 hotels for multi-millionaire visitors (rounded to nearest 100)

HotelLocationNumber of multi-millionaire visitors per year
Lost City and Sun CityNorth West900
The MichelangeloJohannesburg700
The Table Bay HotelCape Town600
Sandton SunJohannesburg500
Belmond Mount Nelson HotelCape Town400
Cape GraceCape Town400
One&OnlyCape Town400
Beverly HillsUmhlanga300
Twelve Apostles Hotel and SpaCape Town300
The Oyster BoxUmhlanga200

According to the report, South Africa received around 12,000 multi-millionaire (with net assets of at least $10m) visitors over the period.

New World Wealth says the Michelangelo and Sandton Sun are mainly used by business visitors, while the Cape Grace and the One&Only are favourites among yacht owners.

To compile its report, New World Wealth conducted individual surveys and events tracking.

 

By: Jaco Maritz