CITY Lodge Hotels Limited
has reached agreement
with Nairobi-based
Fairview Hotel Limited
to acquire the remaining
50% of a joint venture
between the two
companies, giving
City Lodge full ownership
of the Fairview Hotel and
the Country Lodge in
Kenya’s capital city.
City Lodge ce, Clifford
Ross, said the transaction
demonstrated the group’s
condence in Kenya and
East Africa and provided a
strong platform for further
growth in the region.
“We have been very
pleased with our strategic
investment into the Kenyan
hotel market and look
forward to building on this
foothold in the East
African region,” he said.
City Lodge is examining
expansion opportunities
in East Africa, West Africa
and other Southern African
Development Community
countries.
The group currently
operates 55 hotels across
four brands in South Africa,
Kenya and Botswana.
City Lodge to grow East African footprint
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