Companies

Serena to expand Uganda hotel with Sh805m loan

SERENA

The Kampala Serena Hotel. PHOTO | FILE

TPS Eastern Africa, the owner of Serena Hotels and Lodges, has received a Sh805 million ($8 million) loan from French fund Proparco to expand its Uganda facility.

The company, which has a regional footprint, said the funds will be used to build an executive lounge and additional meeting rooms at Kampala Serena Hotel.

The hotel’s Pearl of Africa restaurant will get a facelift while 36 additional guest rooms are earmarked for construction alongside a new State Suite. This is set to create room for 50 more workers on top of its current workforce of 533.

“Serena’s hotels, safari lodges, camps and resorts distinguish themselves through their contribution to the local economies, their good governance, the training of skilled manpower and involvement of craft industries,” Serena managing director Mahmud Janmohamed said in a statement.

The construction of the 36 additional guestrooms started in March and will be complete in 12 months. They’re expected to lift the hotel’s capacity from the current 152 rooms.