BEE Tourism News Report

City Lodge Hotels gets level 3 BBBEE status

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“This makes us one of the most empowered hospitality groups in South Africa and demonstrates our commitment to the transformation of the hospitality industry,” said Clifford Ross, CEO of the group, which has sharply improved its BBBEE status since As a result of this increase to Level 3 status, 110% of procurement spend with the group will be recognized for BBBEE purposes as well as an additional 25%, due to the group being regarded as a Value-Added vendor – resulting in a total of 135% being recognised as spend from an empowered supplier.2008 when it was a Level 6 contributor.

Extracted from a report by Muzi Mohale