The supply of upscale hotel rooms in Nairobi is set to increase as local and global hotel properties plan to enter the market between now and 2014.
There are several hotel developments in the pipeline currently, with more investments expected as the number of tourists visiting the city continues to grow. The rising number of visitors is the main driver of demand for accommodation and conference facilities, which is expected to strengthen further in the coming years. "Several global hotel chains are expected to enter the market in the coming years as the number of tourists visiting Nairobi continues to grow," says a report by HVS London, a global hospitality services consultancy. There are at least eight hotels set for completion in Nairobi between the third quarter of 2012 and 2014.
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