Banyan Group has acquired a majority stake in Newmark Hotels & Reserves through a phased ownership structure. Newmark brings 26 hotels, lodges and reserves across seven African countries, including Mauritius, Namibia, South Africa, Tanzania and Zimbabwe. The addition expands Banyan Group’s portfolio to nearly 130 hotels, resorts and reserves across 28 countries, strengthening its international hospitality presence.
Banyan Group Expands African Hospitality Portfolio
Published On :
September 19, 2026
September 19, 2026
Anamika Chauhan is a Senior Content Writer at TBO Academy. Specializing in B2B content, she works closely with the marketing team to bring out the outlook about the industry in her write-ups. Connect with her on LinkedIn or write to her at anamika.chauhan@tbo.com