Cresta Marakanelo Ltd
CRESTA.BT – BOTSWANA STOCK EXCHANGE
Business Description
Cresta Marakanelo Limited is a Botswana-based company. The Company and its wholly owned subsidiary Cresta Golfview Hotel Limited primarily operates hotels and related services in Botswana. The Company's segments include Cresta Urban Oasis, Cresta Urban Heartbeat, Cresta African Roots, and Cresta African fingerprint. The Company has approximately 11 properties, out of which six are owned by the Company (Mowana Safari and Spa, Marang Gardens, Thapama Hotel, President Hotel, Cresta Lodge, and Rileys Hotel), five are leased from different landlords (Maun Hotel, Mahalapye Hotel, Jwaneng Hotel, Botsalo Hotel and Marang Residency). Most hotels are operated as business hotels and they offer accommodation and conferencing facilities except for Mowana Safari Resort and Spa, which is a leisure property, offering accommodation and conferencing facilities, health and beauty spa, curio shop, game drives, and boat cruises.
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