Chinese construction players have fueled the entry of major hotel brands in Kenya, real estate industry managers said on Monday.
Prit Shah, sales manager at VAAL Real Estate, told Xinhua in Nairobi that Chinese construction players have brought to Kenya building technology that meets the international hospitality standards and attracted many international hotel chains into the country.
“Chinese builders are also able to meet strict construction deadlines, which enables hospitality projects to be completed on time,” Shah said.
He said the Chinese mainly undertake construction of the foundation and the structure of high-rises for use by the major hotel brands while other players do the finishing.
Global brands such as Best Western, Radisson, and Movenpick have entered the Kenyan hospitality sector, Shah said.
Major hotel brands typically partner with private developers and enter into revenue-sharing agreements, he added..
Peter Karuga, assistant sales manager at VAAL Real Estate, said branded hotel apartments in Nairobi continue to outperform short-stay hotels from a year-on-year review of respective occupancy rates, as three-year average occupancy rate stands at 72 percent for branded apartments against an average 52 percent for traditional hotels.
Karuga said the largest number of branded hotel apartment users are business-based. Enditem