Swiss International Hotels & Resorts has signed a management contract with FEP Holdings Limited to operate its property in Sagana, Kenya, which will be named Swiss International Sagana Resort & Conference Centre.
The hotel is nearing its construction completion and is scheduled to open before the end of 2019. It is expected to create 150 direct jobs to Kenyans which in turn will benefit over 1,000 households.
Strategically located along the Nairobi-Nyeri Highway, the resort is expected to boost both leisure and conference tourism in the Mount Kenya circuit and the Kenyan tourism industry at large.
FEP Holdings started construction of the property in 2014 and put out an international tender in December 2018, to get the right partner to run the four star resort.
The Swiss international hospitality group is expected to run the facility on international standards with Kenya being a top tourism destination in the East Africa region.
The Mount Kenya tourist circuit is a famous destination preferred by American tourists visiting Kenya.
The route is also common with Britons noting that the British Amy Training Unit, Kenya (BATUK) is based in Nanyuki, a market town lying northwest of Mount Kenya.
It is situated just north of the Equator founded in 1907 by British settlers in Kenya, some of whose descendants still live in and around the town.
“We are excited to have found the right partner in Swiss International which has a rich experience in the hospitality sector. We are now working together to ensure the resort is completed in time to open before this Christmas,” said FEP Holdings Chairman, James Kaguchia.
“I can assure our investors that the transformation journey the reconstituted board promised is still on going and this is one of the milestones. We remain committed to delivering on our turnaround strategy FEP Mpya and attracting an international partner like this is a sign some strides are being made,” he added.
Swiss International Hotels & Resorts has a rich experience in the hospitality industry since 1980, operating in 15 countries across Africa, Europe, Middle East and South Asia.
“We are delighted to be in Kenya, it is one of the markets we have had our eyes on and we want to thank our partners FEP for their trust in us,” said Swiss International CEO & President Henri Kennedie.
In 2016, Swiss International also signed a development and management agreement with Mlima Holiday Homes for the 180 rooms and suites Swiss International Golf, Spa & Conference Resort Mount Kenya. The final development is currently underway.
“We are looking to open other properties in the country and have several in the pipeline. We believe in this market and have a vision to become one of the top five hospitality and leisure group in Africa,” Kennedie added.
The 146-room Swiss International Sagana Resort & Conference Centre will offer modern conferencing facilities with a capacity of 800 people, two board rooms and two meeting rooms with a combined capacity of 80 people.
Situated approximately 100 kilometres from Nairobi, it is expected to attract a wide range of visitors both for leisure and business.
FEP Holdings Ltd is the investment company for the (FEP). It has over 75,000 shareholders spread over the 44 counties of Kenya and 32 diaspora destinations.
FEP has major investment interests in real estate, financial services, insurance, and hotels. Others include technology, schools, and security services.
Swiss International Hotels on the other hand was established in Switzerland. The company is registered in Baar, Switzerland and is operating from the UAE (Ras Al Khaimah).
Swiss International is operating and licensing its hotels under a number of brands which include Royal Swiss (Luxury), Swiss International Hotels & Resorts (Upscale), Swiss Spirit Hotels & Suites (Mid-market) and YESINN by Swiss International (Economy).