11 January 2013

Kenya: Global Hotel Chains Upbeat About Market

Global hotel chains' top executives have expressed confidence in the Kenya market and are willing to invest. Such global chains include Wyndham, Emaar, Kempinski, Marriot and Radisson Blue among others.

"We are very excited about the development opportunities in Africa for 2013. We are seeing a lot of activity, especially in East Africa. We believe that a number of very exciting projects will open next year in that area, " said Bani Haddad, regional vice president for middle east and Africa, Wyndham Hotel Group said.

Bench Events, the organiser of Africa Hotel Investment Forum, consulted with a panel of top individuals three months after the conference to gauge investor sentiment and discovered a high degree of optimism for 2013 and beyond.

Copyright © 2013 The Star. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.