International hotel owners are set to gather in Nairobi in
October for the Africa Hotel Investment Forum (AHIF), in what signals
growing fortunes for the country’s hospitality industry.
The
three-day hotel investment conference also brings together global
hospitality investors, financiers, management companies and their
advisers.
Tourism secretary Najib Balala noted that
AHIF attracts the kind of people with influence and resources to make a
destination successful.
“At AHIF, we will be making a
compelling case for investment in the hospitality sector across Kenya.
Nairobi is already the established business hub of East Africa but there
is so much more potential in our country,” he said.
The
run-up to the main event will feature a number of inspection visits to
several development projects around the country. The visits are
targeted at exhibiting Kenya’s wide-ranging tourism potential and
highlighting investment opportunities.
The government
recently announced plans to introduce incentives, especially in land
ownership, to attract international investment in the development of
hotels.
“This forum will bring innovative investors
who will be looking for opportunities for investment in tourism,” said
Jonah Orumoi, Tourism Finance Corporation (TFC) Managing Director.
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