Tanger Holding: A Powerhouse of Hospitality Assets

Tanger Holding is a major player in the hospitality industry, controlling key assets in Tangier, Morocco.

Key holdings:

 

• • 92% ownership of Malabata Investment Corporation: This entity owns the renowned Mövenpick Malabata Hotel and Casino, a landmark property situated on a prime 34,000 sqm plot of land.

• • 100% ownership of Beach Boys: This company possesses a valuable adjacent plot of land, measuring approximately 25,000 sqm. This prime location offers significant potential for a standalone tourist or hotel project or integration with the existing project.

• • Additional land assets: Tanger Holding owns an additional 5,547 sqm of coastal land, offering further development opportunities.

Investment Highlights:

 

• • Strong ownership: Tanger Holding’s dominant position in its subsidiaries ensures control and strategic direction.

• • Prime location: The properties hold prime locations in Tangier, a popular tourist destination.

• • Diversification: The portfolio offers a balance between established assets and development potential.

• • Proven success: The Mövenpick Malabata Hotel and Casino’s track record of success indicates a strong investment opportunity.

Overall, Tanger Holding presents a compelling proposition for investors seeking exposure to the thriving Moroccan tourism sector. Its diversified portfolio, prime locations, and established brands offer a secure and potentially lucrative investment opportunity.