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Sarovar Hotels & Resorts, an India-based hotel management firm, has signed a deal with Kenyan businessman Kiran Patel to build a four-star hotel in Embakasi, Nairobi. The 144-room hotel, to be constructed on land owned by Mr Patel, will be called The Premier. The hotels location near the Jomo Kenyatta International Airport is meant to attract business travellers, whose number has been on the rise as more investors come to Africa through Nairobi, the hub for the region. Mr Patel has diverse interests in automobiles, real estate, finance and cement, according to a statement by Sarovar disclosing the investment. Contacted for comment, Mr Patel declined to disclose the cost for the hotel project pending conclusion of agreements with the parties involved, only describing the investment as big. The Premiere will be our third hotel in Africa and second in Nairobi, which is an established hub for business and culture, said Sarovar Hotels & Resorts managing director Anil Madhok in the statement. |