Fortune Corporation acquires Safari Park Hotel
By Jackson Okoth
The competition authority has authorized all shares held by Paradise
Safari Park Limited, the parent company that owns Safari Park Hotel, located
along the Nairobi-Thika superhighway, to be acquired by Fortune Hotels
Corporation
In a gazette notice dated 29th May, 2015, the Authority also
gave Fortune Hotels Corporation its nod to acquire 85 per cent of the issued
capital of Paradise Investments and Development Kenya Limited. This transaction
was given the go ahead by Competition Authority Director General Wang’ombe
Kariuki.
The more than 50 years old hotel, offers a selection of 204 rooms; 36
suites, 168 deluxe rooms and 4 exclusive apartments. The first hotel on the
present site, Spread Eagle, was mainly patronized by weary tourists on their
way to and from Mount Kenya.
Spread Eagle was ran by a British couple called the Boswell family as
it was a family hotel business. In 1967, Safari Park Holdings (K) Limited was
established acquired the Spread Eagle Hotel from the Boswell family in 1974.
The name was changed to the Safari Park Hotel and Country Club which
had 105 rooms and was a three star facility. In 1985, a fire burnt down a part
of the reception, some rooms and the Kitchen, which slowed down the operations.
In 1986, a 7 phase renovation plan was put underway to create the new look of
Safari Park Hotel. That is what produced the current hotel features and more
land was acquired for expansion of the hotel.
A world-class and largest conference venue, the Safari Park Hotel
boasts over 20 conference and meeting rooms, instant global connectivity and
first-class business support services. It also offers first- class health and
recreation facilities.
Considered one of Nairobi’s most glittering entertainment centres, Safari
Park Hotel and Casino also boasts of The Piano Bar, Hemingway's Lounge, The
Cats Club, King Solomon's Mine Casino, and one of the most stunning stage shows
in Africa.
Ends
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