Accor Hotels will take over the management of Crowne Plaza Nairobi from InterContinental Hotels Group (IHG) after the property was acquired by Kasada Hospitality Fund.
The fund which bought Crowne Plaza for an estimated Sh4.6 billion from tycoon Nazir Ahmed Akbarali is backed by Qatar Investment Authority (QIA), Qatar’s sovereign wealth fund, and Accor, Europe’s largest hospitality group.
