Rezidor’s Kenyan Development on Track

5th March 2008 (Last Updated March 5th, 2008 09:42)

Rezidor Hotel Group says plans to open its first Kenyan property are on track, despite recent political instability that has badly damaged the country's tourism industry. The Nairobi Radisson, due to open in 2010, is the second hotel to be developed in the capital in the last ten years.

Rezidor Hotel Group says plans to open its first Kenyan property are on track, despite recent political instability that has badly damaged the country’s tourism industry.

The Nairobi Radisson, due to open in 2010, is the second hotel to be developed in the capital in the last ten years.

In 2007, Kenya’s tourism sector was worth more than US$750m, however the flow of tourists has virtually dried up following an outbreak of violence after the country’s elections in December.

The Kenya Tourist Board says it requires a marketing investment of over US$20m to revive the sector.

Real Estate firm Elgon Road Developments will own the five-star, 244-room hotel.

By staff writer