Shaza Hotels Morocco

A new hotel management company set up through a joint venture with Kempinski hotels. Cèdre Finances was the driving force that enabled this group to set up operations in Morocco. One of its main stakeholders is Guidance Financial Group, a company that specializes in assets management and real estate development and 95% of which is owned by BARWA, a private sovereign fund quoted on the QATARI stock exchange.

The Shaza hotel chain encapsulates the authentic essence, the aesthetics and the art of life of the Middle East. When GHIC Morocco acquired the Imperial BORJ Hotel in Marrakech it entrusted Cèdre Finances with overseeing first the management and then the closing down of the hotel. Our new chain has recently added two Fez Palaces to its assets, and Cèdre Finances is eager to nurture its development through new acquisitions.

The next phase will take us to Tangiers and the Moroccan South. Our skills and know-how are constantly being updated to ensure that we meet our clients’ needs with the utmost transparency. Cèdre Finances is always eager to imagine new projects for Shaza. Currently we are particularly interested in Istanbul, where we are searching for an Ottoman Palace.

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