Joop Demes, MD of Pam Golding Hospitality seals the partnership deal with Gavin Courtenay, MD of SATIB Risk Solutions
Pam Golding teams up with SATIB Risk Solutions
Pam Golding Hospitality (PGH) and Safari & Tourism Insurance Brokers (SATIB) - two of South Africa's premier service icons to the hospitality, tourism and leisure trade have formed a strategic business partnership aimed at providing their respective clients with an expanded service offering.
SATIB Risk Expertise - borne from empirical experience
When it comes to understanding and providing solutions for the intrinsic risks associated with the hospitality, tourism and leisure trade, SATIB are arguably the market leaders in Africa. There are few financial service industry advisers who can claim to have been personally involved with the emotional trauma, financial disruption and legal implications that a guest impaled by the tusk of a raging elephant, or a remote island lodge obliterated by a cyclone storm, can create.
SATIB's experience gained in this unique and vibrant industry has led to providing access to a range of risk related products and services, from specialised tourism insurance programmes and risk management services to critical incident management and emergency guest evacuation, hospitality staff training, IT services, trade publishing and marketing collateral procurement. At the helm of SATIB Risk Solutions is Gavin Courtenay, who oversees 11 branch offices and is responsible for managing the insurance placement of property assets worth over R20 billion and total risk exposure values in excess of R124 billion on an annual basis.
“We are very excited about the prospects of this association with PGH as we see massive synergies between our two companies and I have no doubt that we will be able to mutually benefit both of our companies clients by offering our respective expert services on a reciprocal basis to these clients. PGH like SATIB are market leaders in their industries have enviable reputations in this regard" says Gavin Courtenay, Managing Director of SATIB.
Pam Golding Hospitality (PGH) - foremost in hospitality solutions
A member of the Pam Golding Property group and a market leader in the South African hospitality industry, PGH delivers practical solutions and individual advice through four separate companies - Pam Golding Hotels, Pam Golding Lodges and Guesthouses, Pam Golding Hospitality and Tourism Consulting and Pam Golding Restaurants.
Uniquely positioned as the foremost hospitality industry solutions provider, Pam Golding Hospitality has the comprehensive capacity to deliver investment consulting, development facilitation and property brokerage services in one of the fastest growing economic sectors in Southern Africa. Under the leadership of Joop Demes, CEO Pam Golding Hospitality, this specialised division has been responsible for transactions and deals well in excess of R4.2 billion over the last five years (ended February 2009). Over the past 12 months Pam Golding Hospitality and Tourism Consultants was engaged for 17 feasibilities during the last 12 months and we estimate that these studies alone will convert to R4.3 billion in investment which in turn will create 2 060 permanent jobs.
In addition to this, Pam Golding Hotels is engaged in Cape Town with the facilitation of no less than nine new hotel developments, and if this is combined with a number of hotels that are currently being completed, it is anticipated that over the next two years this will result in an estimated investment of approximately R4 billion, with the creation of some 2 500 permanent jobs.
Mutual interests pave the way for strategic opportunities
As market leaders in their respective fields within the hospitality, tourism and leisure industry, SATIB and PGH are clearly geared to offer specialised expertise and add significant value to their collective client bases. Given such strategic advantage, the partnership offers new avenues and methods of business to be explored to the ultimate benefit of the industries that they serve.
Comments Demes: "Both SATIB and PGH are now ideally positioned to capitalise on the strong synergy between the two organisations. All SATIB clients now have immediate access to our full range of services offered nationally, which is backed by the significant infrastructure and global network of the PGP group. Similarly, our clients stand to benefit from the specialised expertise offered by SATIB."
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