Kenya gets R1.5bn Hotel in Africa’s tallest development

The dynamic landscape of Kenya's capital, Nairobi is in for a commercial transformation, with the investment by Hilton Worldwide (NYSE:HLT) in a new R1.5 billion hotel at Africa’s tallest development.

Expected to open in 2020, Hilton announced on Monday that it had reached a management agreement with Jabavu Village Ltd to open a 255 guest-room and suite hotel in Nairobi.

Hilton is set to double its presence in Africa in the next three to five years and is ... TO GET THE FULL STORY, CLICK HERE FOR MORE