Simba suspends hotel expansion over market glut

Adil Popat, CEO at Simba Corp. FILE PHOTO | NMG

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.’

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