Kenya, Jan 19 – The Africa Hotel Investment Forum (AHIF) will this year return to Nairobi this October, after a five year absence.
The premier hotel investment conference in Africa, attracting many prominent international hotel owners, investors, financiers, management companies and their advisers, will return to Nairobi on 2-4 October 2018.
According to a statement from AHIF, the day prior will feature investment inspection visits to several development projects around Kenya.
“Kenya has varied and wide-ranging tourism potential and the opportunity to explore some of these investment opportunities before congregating in Nairobi will be one of the highlights of the event programme. The visits will include various projects accessible via the Madaraka Express Train Service – Kenya’s new express railway, which opened in May, 18 months ahead of schedule.” Reads the statement in part.
Speaking at Investour, part of the FITUR programme, Kenya’s Cabinet Secretary for Tourism, Hon. Najib Balala, said: “I am delighted that we have brought Africa’s highest profile hotel investment forum back to Kenya. It will attract the kind of people who have the 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 opportunity in our country. For example, Kisumu is offers huge potential for new hotel accommodation and the leisure possibilities on our sea coast is self-evident. We also have another vital asset: a population which is innately friendly, hospitable and keen to serve.”
At the AHIF launch, the Kenyan government announced plans to introduce a package of measures to incentivise international investment. They will include aggressive incentives to entice land ownership and encourage the development of hotel infrastructure and associated ‘entertainment’ such as restaurants, theme parks and even cruises.
Jonathan Worsley, Chairman of Bench Events concluded: “Kenya has moved forward tremendously since AHIF was last here in 2013. Major investments in infrastructure are transforming communications and access. That has to be of interest to our delegates and we are very much looking forward to seeing it first-hand.”
By Yvonne Kawira