By KURIAN MUSA
Kenya is among 13 countries in Africa to benefit from Sh44.1 billion investment by an international hotel investor.
Mangalis Management Group (MMG) says it will construct new hotels in 13 countries in Sub-Saharan Africa region. The firm said it is eyeing about 2,200 rooms and suites spread between 15 properties in Africa.
MMG is the hospitality management arm of Inaugure Hospitality Group founded in 2011 by successful West African conglomerate Teyliom International.
It manages new and existing hospitality brands, such as Noom, Noom Residences, and Seen Plus. Teryliom International entered the African hospitality market in 2009, when it opened the Radison blu Dakar.
The hotel’s top management announced the new investment deals on Tuesday during the opening of two days African Hotel Investment Forum (AHIF) in Nairobi. 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. She 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 as well as international partnerships,” Kandie said.
Denis Sorin, the hotel group CEO confirmed that plans are underway to launch four new brands -economy to upper-midscale. “This will place Africa for the first time on the world map of homegrown pioneering hospitality companies,” he said.
