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22 www. bus- ex. com February 10 Turning thetables

Peermont February 10 www. bus- ex. com 23 Hotel, gaming and leisure company Peermont is poised for international expansion, with plans to take a major share in the casinos of Mauritius. Gay Sutton looks at the company's ambitious programme of expansion and improvement B ased in Bryanston, Johannesburg, Peermont is one of South Africa's leading hospitality and gaming companies, owning and managing a wide portfolio of hotels, casinos, convention centres, retail outlets, restaurants and bars, along with other sporting and entertainment facilities. In spite of the tough economic environment, Peermont has continued with an ambitious programme of expansion and development, not only upgrading and adding to its current leisure and gaming properties, but also looking to expand its portfolio offshore. The company currently owns and manages a total of 14 properties- nine in South Africa and five in Botswana- which equates to 1,592 hotel rooms, 3,229 slot machines and 141 gaming tables. However, with ongoing investment across the group, this tally is continuing to grow. The company's flagship property is Emperors Palace, a hotel, casino and convention resort in Johannesburg. Located at the O. R. Tambo International Airport- known as the gateway to South Africa- the resort is ideally located to attract business visitors and tourists. It has been undergoing expansion and development in readiness for the expected influx of visitors for the 2010 World Cup, and to take advantage of the increase in tourism to South Africa. Over the last two years, R180 million has been invested in hotel facilities alone at the resort. The 196 room, tables