A lovely boutique hotel, this is an ideal establishment not only for business travelers but also for leisure for sale


A lovely boutique hotel, this is an ideal establishment not only for business travelers but also for leisure

Nairobi , Kenya

NEGOTIABLE

8 800 000 USD

Agent: Cliff Jacobs - Managing Principal Estate Agent
Agent Cellphone: 0844131071
Agent Office Number: 0617166951
Agent Email Address: cliff@exquisitehotelconsultants.co.za
Type: Hotel
Bedrooms: 50
Bathrooms: 50
Showers: 50
Parking: 30


 





Contact agent
Key features

We opened our doors in January 2012. It is a 50 room facility with 5 meeting rooms, a business center, 2 restaurants and a bar. The facility is capable of handling 120 pax in conference rooms, 150 pax restaurant seating capacity and a 30 car parking facility, complemented by a bar and restaurant managed by a gourmet chef and a kitchen capable of serving 1,000 people. 

The company is managed by a group of extensively experienced, competent and driven individuals who share in the company’s vision and objectives. 

Operating environment

Our hotel offers accommodation, restaurant services, conferencing facilities among others to ensure its esteemed customers are served in relaxed and luxurious surroundings at reasonable rates. Its location as well as its product offering is ideal for the tourist who wants to operate from Nairobi or institutional clients who operate in the surrounding area which is rich in financial institutions including insurances, asset managers and the head quarters of some of Kenya’s largest banks. It is therefore expected to feed off both international as well as the high to middle end local business clientele.

In order to understand the market in which our hotel will operate, it is important to understand the economic environment in which it operates.

The World Economy

According to the IMF, in the world economic outlook report published on October 2012, the world economy is growing but expressed worry that the economic growth is weakening. According to the report, IMF has revised its growth forecasts lower relative to their April 2012 forecasts. The IMF expect advanced economies to grow by 1.5% while down from an expectation of 2% in April 2012 while emerging markets and developing economies are expected to grow at 5.6% down from an earlier forecast of 6%. IMF points to fiscal consolidation and weak financial systems as the reason for their expectations for lower growth.

The Local Economy

According to the National bureau of statistics, over the first 3 months of the year, the Kenyan economy grew at the rate of 3.5% from the corresponding quarter in 2011. This was the lowest growth rates recorded since 2006.

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Cliff Jacobs

Managing Principal / CEO

Exquisite Hotel Consultants (Pty) Ltd 
Cape Town 
SOUTH AFRICA

Mobile: +27 (0) 84 413 1071 / +27 (0) 061 716 6951
Telephone: +27 (0) 21 554 0283
Email: cliff@exquisitehotelconsultants.co.za  
Skype: cliff.jacobs

Terms and Conditions apply

 




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