R870m Houghton Hotel to Join the World’s ‘Exclusive Club’ – 28 June 2016
The Houghton Hotel, in Johannesburg’s plush suburb of Houghton, when finished in 2018, will be one of the most luxurious establishments in South Africa. The R870 million Houghton Hotel has awarded the final construction contract to Stefanutti Stocks. Houghton Hotel Project Manager, Andrew Morris, says Stefanutti Stocks’ excellent track record in the hospitality industry made the company a “natural choice” to complete the hotel.
“We were appointed through a process of amicable negotiations, where an innovative contracting structure was concluded to suit this particular project,” says Dietmar Scriba, Managing Director at Stefanutti Stocks Building Inland.