Kenya?will be among 13 countries in?Africa?to benefit from a Sh44.1 billion (?315 million) investment by an international hotel investor.
The new investor ? Mangalis Management Group is set to initiate new hotels in 13 countries in the sub-SaharanAfrica?region.
MMG is the hospitality management arm of Inaugure Hospitality? group founded in 2011 by successful WestAfrican conglomerate Teyliom?International, which entered the?African hospitality market in 2009 with the opening of the Radison blu Dakar. The hotel top management announced the new investment deals yesterday during the opening of two-day?African Hotel Investment Forum in Nairobi.
International?standards
Cabinet Secretary East?African Affairs, Commerce and Tourism Phyllis Kandie said the government is ready to work with private sector under the Public-Private Partnerships framework to encourage more development in the hospitality industry.
For example, Kandie said the government is ready to offer tax incentives to private developers who may wish to invest in the country.
?We are working on ways to come up with an inter-ministerial meeting to iron out visa issues and other areas that may drag the East?African Community and international partnerships,? Kandie said.
Denis Sorin, MMG group chief executive, confirmed plans are underway to launch four new brand, which will change the?African Hospitality landscape.
?We believe?African market has been poorly treated for far too long by regional and international groups and we want to bring the true international standards and the highest quality of service to a market that is longing for it,? he said.
Click here to read more.