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Kasada Capital Management Celebrates Global Recognition for Cape Grace Hotel
The French South African Chamber of Commerce and Industry (FSACCI) congratulates Kasada Capital Management, a valued member of the chamber, on an international achievement for one of its flagship properties.
Cape Grace, A Fairmont Managed Hotel, owned by Kasada and located on Cape Town’s V&A Waterfront, has been awarded two MICHELIN Keys. This recognition highlights the hotel’s commitment to delivering exceptional hospitality and guest experiences.
The MICHELIN Key rating system, introduced by the Michelin Guide, is designed to identify hotels that offer outstanding stays. Ratings are based on five criteria: excellence in architecture and interior design, quality and consistency of service, personality and character, value for price, and contribution to the surrounding community.
On a scale of one to three keys, two keys represent an “exceptional stay” at a hotel that stands out for its character, service, and attention to detail. Cape Grace is now among the top five Fairmont Hotels and Resorts properties worldwide and holds the highest MICHELIN Key rating currently awarded in South Africa.
The MICHELIN Key is awarded through anonymous inspections, ensuring that the recognition reflects authentic guest experiences.
Kasada’s investment in Cape Grace forms part of its strategy to enhance hospitality offerings across Africa. This achievement positions Cape Grace as a leader in the region’s luxury hotel sector and reinforces Cape Town’s status as a top global travel destination.
FSACCI celebrates this milestone and acknowledges Kasada’s contribution to promoting excellence in South Africa’s tourism and hospitality industry.
