Swiss International Hotels and Resorts has set its sights on expanding its business portfolio on the African continent through new hotel investments in Kenya and Rwanda.
The global hotel chain and Mount Kenya Holiday Homes plan to co-develop a resort on the foothills of Mount Kenya.
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The announcement follows the signing of a memorandum of understanding between the two entities earlier this year and will see an investment of $70 million.
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The resort, Swiss International Mount Kenya Resort, is expected to start operations next year and construction is under way.
The resort will offer 67 four-bedroom villas and 128 apartments, 86 townhouses and 75 hotel suites. Other facilities include a nine-hole – reversible to 18-hole – golf course, a golf clubhouse, two restaurants, and a spa.
Henri Kennedie, Chairman and CEO of Swiss International commented: “Swiss International is fully committed to hotel expansion in Africa.”
The developer, Ronald Ndegwa, said it was an achievement to have Swiss International on board as the group would help maintain high standards in the resort.
In Rwanda, Swiss International signed a management agreement with the owners of the Villa Portofino hotel in Kigali last month.
The 51-roomed upscale hotel is now known as Swiss International Villa Portofino Kigali.
The hotel has a Swiss Café, restaurant and lounge, a Ted & Co bar and lounge, a conference facility, a spa, a pool and gym.
Swiss International is already represented in Nigeria with two hotels, and one hotel in Sierra Leone. Currently, the group is associated with hotels in Switzerland, Germany, The Netherlands, Greater China, the Middle East and Africa.