CG Hospitality acquires two iconic Fairmont properties in Kenya
CG Hospitality has acquired two iconic Fairmont properties in Kenya namely - Fairmont Mara Safari Club & Fairmont The Norfolk
CG Hospitality, the hospitality arm of CG Corp Global, the first multi-billion-dollar conglomerate from Nepal, has announced its re-entry into the rapidly growing East Africa market, with the acquisition of two iconic Fairmont properties in Kenya namely - Fairmont Mara Safari Club & Fairmont The Norfolk. This signing is in line with the company’s strategic expansion plans for aggressive growth in the region.
The recent HVS (HVS Global Hospitality services) Indian Hospitality Industry Overview 2019 Report, ranked ‘Concept Hospitality’(A member of CG Hotels & Resorts)1st in property openings and 4th in terms of keys, in India.
Strategically perusing its global expansion plans, the 2 Fairmont properties being acquired in Africa are popular destinations of choice, amongst travellers.
Rahul Chaudhary, MD & CEO, CG Hospitality Holdings & CG Corp Global, expressed his pride in leading the company closer to its expansion plans. He said, “The acquisition of these two Fairmont Assets in Kenya namely Fairmont ‘Mara Safari Club’ & Fairmont ‘The Norfolk’ marks our re-entry into East-Africa. We are proud of our local partnership in this acquisition through our holding Company CG Madison (Kenya) Limited. With the Fairmont ‘The Norfolk’, we are really buying a piece of history which is priceless! This acquisition plays a very important role in our global vision to reach 200 properties by 2025. In this regard, we have mapped out a 5-country growth strategy in Africa, which we will henceforth pursue.”
Known for its impressive and storied history, The Norfolk Hotel boasts of 27 luxurious suites and 143 rooms set around tranquil tropical gardens. The signature suites are an excellent choice for guests seeking to experience luxury intertwined with the rich history of the city.
While the Fairmont Mara Safari Club, located in the renowned Maasai Mara Game Reserve, is home to the great wildebeest migration. The Club, set on the foot of AitongHills offers 51 luxuriously furnished tents, overlooking the hippo filled Mara River.
Both the assets are currently undergoing improvements to bring back the legacy and glory.