About Us

Since its establishment, Cresta Marakanelo Limited (CML) has maintained its position as the largest hotel group in Botswana with a footprint that spans across the Country.

Cresta Marakanelo is the operating company for the 11 Cresta Hotels in Botswana. The company was established in 1987, when Cresta Hospitality was awarded the Management contract for the Marakanelo Hotels in Botswana by the Botswana Development Corporation. From an initial portfolio of less than 290 rooms under management, the group now manages over 1000 rooms in Botswana.

Cresta Marakanelo listed on the Botswana Stock Exchange in 2010, and it’s largest shareholders are the Botswana Government, through the Botswana Development Company, and Cresta Holdings Botswana.

Established in 1970, the Botswana Development Company is the investment arm of the Botswana Government. BDC’s main aim is to be the country’s main agency for commercial and industrial development. The Government of Botswana owns 100 percent of the issued share capital of the Corporation. BDC has interests in industry, property development and management, agribusiness and services. For more information on BDC visit www.bdc.bw

Cresta Holdings Botswana is ultimately owned by Masawara Plc, a Jersey Registered Company listed on the London Stock Exchange’s AIM, with an investment portfolio that extends from Botswana, South Africa and Zimbabwe. The Group’s portfolio spans the Hospitality, Insurance, Investment Management and Agrochemical sectors. Its hospitality arm, Cresta Hospitality Holdings, is one of Southern Africa’s largest hotel management groups, managing or operating hotels in Botswana, Zimbabwe and South Africa. For more information on MASAWARA visit www.masawara.com

Cresta Hospitality started hotel operations as far back as 1958. Cresta Holdings is a hotel management company registered in Botswana.