Hilton Worldwide Holdings Inc. says it has set aside $50 million to add 100 hotels to its chain in Africa over the next five years.
“The model of converting existing hotels into Hilton branded properties has proved highly successful in a variety of markets and we expect to see great opportunities to convert hotels to Hilton brands through this initiative.” said Patrick Fitzgibbon, Senior Vice President, Development, Europe, Middle East and Africa.
Under the project ‘Hilton Africa Growth Initiative’, one property will opened in Nairobi by the end of this year and another in the Rwandan capital Kigali in 2018.
“The range of brands we have at our disposal allows owners the flexibility to pick the right fit for their property. We have already deployed this initiative in the signing of two hotels: our first DoubleTree by Hilton property in Kenya, and our first hotel in Rwanda, and expect to be able to announce further additions before the end of this year.” he said.
