Global Infrastructure SherpaInterContinental Table Bay Cape Town opens following multimillion-dollar redevelopment
The InterContinental Table Bay Cape Town has reopened following a $50 million redevelopment of its Victoria & Alfred Waterfront property. This significant investment by Sun International enhances IHG Hotels & Resorts' luxury portfolio, capitalizing.
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Counterparts (2)
Developer
V&A Waterfront
V&A Waterfront is a 123-hectare mixed-use property located in Cape Town, South Africa. It offers a range of activities, including shopping, dining, leisure, and family entertainment, and aims to drive positive social, economic, and environmental change.
IHG Hotels & Resorts
IHG Hotels & Resorts is a global hospitality company operating over 6,000 hotels and 900,000 rooms across more than 100 countries. It manages, franchises, and leases a diverse portfolio of luxury, premium, and essential hotel brands, with a focus on developing and operating social infrastructure assets.
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Subscribe from €20/mo →Deal Analysis
The multimillion-dollar redevelopment of the InterContinental Table Bay Cape Town significantly enhances the hospitality offering within the 123-hectare V&A Waterfront, a major mixed-use property in Cape Town. This strategic upgrade by V&A Waterfront and IHG Hotels & Resorts leverages an existing prime location to attract high-end tourism. The project integrates a global luxury brand into a vibrant hub known for shopping, dining, leisure, and family entertainment. This investment by the V&A Waterfront, a developer focused on driving diverse activities, strengthens the overall appeal of the destination.
- The project involved a multimillion-dollar redevelopment of the InterContinental Table Bay Cape Town.
- It is situated within the 123-hectare V&A Waterfront, a mixed-use property in Cape Town.
- V&A Waterfront, a developer focused on diverse activities, partnered with IHG Hotels & Resorts on this project.
- The deal is a hospitality technology development in South Africa.
Timeline
Announced
Feb 26, 2026
Signed
Closed
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