US$ 4.3m four-star hotel is set to be constructed in Nairobi, Kenya by Eritrean investors.
Hearan Enterprises-the Eritrean investor which is represented by directors Isaya Desale Berhe and Winta Mengisteab confirmed the news and said that it plans to develop the high-end facility on a 2.2-acre parcel of land bought two years ago at Kilimani area in Nairobi.
The planned luxury hotel will be located opposite the Nigerian High Commission and is sandwiched between White Oak and Luxury Image apartments. It is projected to have a three-level underground section is reserved for a car park for 160 vehicles, with the first three floors set aside for an all-day and night restaurant.
Its accommodation rooms on the fourth to 13th floors will incorporate three executive suites, 97 dubbed king, twin (22), club king (32) club twin (9) and 17 junior suites.
A ballroom and business centre as well as offices will also be available and a gymnasium, a 25-metre pool, meeting and events room.
The area has so far attracted foreign investors led by the Chinese who are quickly turning it into a commercial suburb. Several hotels and premium apartment blocks have sprouted in the once purely residential area.
This initiative comes at a time when other investors are developing hotels in Kenya. According to PwC Hotels Outlook 2016-2020 report focusing on Kenya, Tanzania, Mauritius, Nigeria and South Africa revealed that a total of 16 hotels are expected to be built in Kenya in the next five years, adding 2,900 rooms and expanding capacity by 14 percent.
Source; Construction Review