KHI is looking at african hotels developments

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Published on 04/06/05 - Updated on 17/03/22

For $60 million, KHI, the investment vehicle of Prince Al-waleed, along with IFA group of Kuwait and Fairmont Hotels & Resorts, is acquiring the five existing assets of Lonhro Hotels in Africa. The portfolio is totalling over 400 rooms, and includes the historic Norfolk Hotel in Nairobi and the...

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