Latest news with #AstraCapital
Yahoo
13-08-2025
- Business
- Yahoo
Swiss-Belhotel signs for new hotel in Masaki, Tanzania
Swiss-Belhotel International has signed an agreement with Astra Capital to open a new five-star hotel in Masaki, Dar es Salaam, Tanzania. The Swiss-Belhotel expansion is set for the first quarter of 2027, reported TradeArabia. The property will feature 72 rooms and suites, two restaurants, a bar, a spa, a swimming pool, and conference rooms. Retail spaces will also be available for lease. Astra Capital owner Joel Makanyaga said: 'We are glad to collaborate with Swiss-Belhotel International, a globally respected brand known for its operational expertise and commitment to delivering exceptional guest experiences. "Together, we look forward to creating a destination that reflects the vibrant spirit of Dar es Salaam and offers a memorable stay for both local and international guests.' Masaki is a prominent district in Dar es Salaam, known for its mix of residential, business, and leisure activities. Swiss-Belhotel chairman and president Gavin Faull stated: "We are proud to partner with Astra Capital and Joel Makanyaga on this exceptional project in Tanzania. Swiss-Belboutique Masaki Dar es Salaam represents our commitment to bringing the Swiss-Belhotel International standard of excellence to new and exciting markets." The hotel aims to cater to both domestic and international guests, as well as the local community. Swiss-Belhotel senior vice-president Laurent Voivenel said: "Swiss-Belboutique Masaki Dar es Salaam will bring a fresh and distinctive approach to upscale boutique hospitality in Tanzania. Its location in Masaki is ideal for both business and leisure travellers." In October 2023, Swiss-Belhotel International expanded its presence in Kenya by signing its second property in Nairobi. "Swiss-Belhotel signs for new hotel in Masaki, Tanzania" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
11-08-2025
- Business
- Zawya
Swiss-Belhotel expands in Africa with new hotel in Tanzania
Swiss-Belhotel International has signed a deal with Astra Capital to build a 5-star hotel in Tanzania's Masaki, Dar es Salaam. The hotel, located in the high-end area of Masaki, is set to offer a blend of contemporary design, personalised service, and world-class facilities. The hotel is expected to open in the first quarter of 2027 and will feature 72 well-appointed rooms and suites, two restaurants, a stylish bar, a spa, swimming pool, and conference rooms. The property will also offer select retail spaces for lease, catering to the evolving lifestyle and business needs of guests and the local community. Joel Makanyaga, Owner of Astra Capital, stated: 'We are glad to collaborate with Swiss-Belhotel International, a globally respected brand known for its operational expertise and commitment to delivering exceptional guest experiences. Together, we look forward to creating a destination that reflects the vibrant spirit of Dar es Salaam and offers a memorable stay for both local and international guests.' Gavin Faull, Chairman and President of Swiss-Belhotel International, said: 'We are proud to partner with Astra Capital and Joel Makanyaga on this exceptional project in Tanzania. Swiss-Belboutique Masaki Dar es Salaam represents our commitment to bringing the Swiss-Belhotel International standard of excellence to new and exciting markets. Tanzania's tourism and business sectors continue to show remarkable growth, and this property will be a flagship for our boutique brand in the region, combining international expertise with a deep understanding of local culture and hospitality.' Laurent Voivenel, Senior Vice President - Operations & Development, EMEAI and Senior Vice President - Group Human Resources & Talent Development at Swiss-Belhotel International, added: 'Swiss-Belboutique Masaki Dar es Salaam' will bring a fresh and distinctive approach to upscale boutique hospitality in Tanzania. Its location in Masaki, one of the most sought-after districts in Dar es Salaam, is ideal for both business and leisure travellers. With thoughtfully curated experiences, exceptional dining venues, wellness facilities, and modern business amenities, this hotel is being designed to deliver a seamless blend of comfort, style, and service excellence that today's guests expect from Swiss-Belhotel International.' -TradeArabia News Service
