The Popat family, which owns Villa Rosa Kempinski Nairobi, has temporarily frozen an aggressive plan to set up a chain of mid-priced hotels across Kenya, citing a glut in the market.
Family-owned Simba Corporation –with interests in hospitality and the automotive sectors- Thursday announced it had shelved plans to open four-star hotels under the ‘Acacia Premier’ brand and two-star hotels dubbed ‘Acacia Express.’