The well-known Ritz hotel in Sea Point stands prominently on the popular Atlantic Seaboard in Cape Town, but the once glamorous building had lost its ‘glitz’ in recent years.
After a period of extensive renovations in 2018, the Ritz hotel was set to re-open amid much fanfare, but this all came to nothing after the Cape Town High Court ruled that the management company occupying the building had not paid the necessary fees to Ritz Plaza‚ which owned the property.
During the hotel’s heyday, it was believed to boast around an 80% occupancy, with the Ritz hotel well known for its innovative design and it’s eye-catching revolving restaurant, giving patrons a 360 degree view of the city.
Unfortunately, the historic hotel has remained closed since July 2018, but according to property broker Ash Müller, a ‘new chapter’ could be dawning after it has been snapped up for a reported sale price of around R240 million.
Interestingly, the post drew a response from Cape Town mayor Georgin Hill-Lewis, who commented: “My wife and I ate dinner at the revolving restaurant on the night we got engaged. I really hope to see this old gem revived.”
YOU CAN LEARN MORE ABOUT THE RITZ HOTEL BELOW:
“This was an award-winning and innovative hotel for its time due to the way it was built in a modular form,” Müller previously shared. “The bathrooms and bedrooms were all prebuilt off-site and dropped in one by one from the top of the hotel. It won many awards in the early 70’s for the way in which it was constructed.”
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