Kampala Intercontinental Hotel
Encyclopedia
Kampala Intercontinental Hotel is a hotel
, under construction, in Kampala
, Uganda
's capital city.
, the most prestigious location in Kampala
, the capital of Uganda
and the largest city in that county. The piece of property where the hotel is located is bordered by Nile Avenue to the north, Yusuf Lule Road to the east and De Winton Road to the south. The National Theater and Uganda Broadcasting Corporation border the location to the west. The hotel complex is being erected on a 15 acres (6.1 ha) site that was previously occupied by Shimoni Teacher Training College, that was relocated to Kitikifumba
, in Kira Municipality in Wakiso District
. The elevation of the construction site is 1160 metres (3,805.8 ft) above sea level, facing south east, adjacent to Oasis Mall on Kololo Hill
, in Kampala's central business district
. The coordinates of the hotel are:00 19 01N, 32 35 28E (Latitude:0.3170; Longitude:32.5910).
, United Arab Emirates
(UAE), leased 15 acres (6.1 ha), in the center of Kampala
, from the Government of Uganda for ninety-nine (99) years. KHI planned to construct a luxury hotel complex on the property, with the opening date of 2009, at an estimated cost of US$60 million. KHI is chaired by HRH Prince Alwaleed Bin Talal, a prince of the Kingdom of Saudi Arabia.
Following the Global Recession
of 2008 and 2009, KHI became unable to fund the project on its own. They sold majority shareholding in the development to Azure Holdings Limited, a subsidiary of the Mara Group, also headquartered in Dubai, United Arab Emirates
. Mara Group is also the parent company of Kensington Uganda Limited, a real estate investment and development company. Construction of the hotel, technically known as Kingdom Kampala Hotel, began in July 2010 and is expected to last until 2013, at an estimated cost of US$80 million. InterContinental Hotels has signed the agreement with the hotel developers to manage the hotel when completed. Kampala Intercontinental Hotel, is one of three InterContinental hotels under construction on the African continent in 2011. The other two are in Luanda
, Angola
and in Lagos
, Nigeria
.
Hotel
A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including en-suite bathrooms...
, under construction, in Kampala
Kampala
Kampala is the largest city and capital of Uganda. The city is divided into five boroughs that oversee local planning: Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division and Lubaga Division. The city is coterminous with Kampala District.-History: of Buganda, had chosen...
, Uganda
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
's capital city.
Location
The hotel is located on Nakasero HillNakasero
Nakasero is the hill where the central business district of Kampala is located. Kampala is Uganda's capital and largest city.-Location:Nakasero is bordered by Mulago to the north, Makerere to the northwest, Old Kampala to the west, Namirembe and Mengo to the southwest, Nsambya to the south, Kibuli...
, the most prestigious location in Kampala
Kampala
Kampala is the largest city and capital of Uganda. The city is divided into five boroughs that oversee local planning: Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division and Lubaga Division. The city is coterminous with Kampala District.-History: of Buganda, had chosen...
, the capital of Uganda
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
and the largest city in that county. The piece of property where the hotel is located is bordered by Nile Avenue to the north, Yusuf Lule Road to the east and De Winton Road to the south. The National Theater and Uganda Broadcasting Corporation border the location to the west. The hotel complex is being erected on a 15 acres (6.1 ha) site that was previously occupied by Shimoni Teacher Training College, that was relocated to Kitikifumba
Kitikifumba
Kitikifumba is a neighborhood in Kira Municipality, Kyaddondo County, Wakiso District, in Central Uganda.-Location:Kitikifumba is bordered by Namugongo to the northeast, Bweyogerere to the southeast, Naalya to the south, Najjera to the west and Downtown Kira to the northwest...
, in Kira Municipality in Wakiso District
Wakiso District
Wakiso District is a district in Central Uganda that encircles Kampala, Uganda's capital city. The district is named after the town of Wakiso, where the district headquarters are located.-Location:...
. The elevation of the construction site is 1160 metres (3,805.8 ft) above sea level, facing south east, adjacent to Oasis Mall on Kololo Hill
Kololo
-Location:Kololo is close to the centre of Kampala, bordered by Naguru to the east, Bukoto to the north, Mulago to the northwest, Makerere to the west, Nakasero to the southwest and Kibuli to the south.-Overview:...
, in Kampala's central business district
Central business district
A central business district is the commercial and often geographic heart of a city. In North America this part of a city is commonly referred to as "downtown" or "city center"...
. The coordinates of the hotel are:00 19 01N, 32 35 28E (Latitude:0.3170; Longitude:32.5910).
Overview
Kampala Intercontinental Hotel is part of a business/residential real estate development that will include:- A 250-room five-star 34 storey hotel tower - The Kampala Intercontinental Hotel - The third (3rd) five-star hotel in Kampala, behind Kampala Serena HotelKampala Serena Hotel-Location:Kampala Serena Hotel is located on Kintu Road, on Nakasero Hill, nestled among of manicured lawns and gardens in one of Kampala's most exclusive hillside neighborhoods. This location is adjacent to the Kampala Sheraton Hotel and the Imperial Royale Hotel...
and Kampala Hilton HotelKampala Hilton HotelKampala Hilton Hotel is a hotel, under construction, in Kampala, Uganda's capital city.-Location:The hotel is located on Nakasero Hill Road in Nakasero, Kampala's most prestigious location. The building is being erected on a site that was previously occupied by the state's television stations...
. - A conference center that can accommodate over 3,000 conference delegates
- Rentable retail and office space, measuring in excess of 90000 square metre
- Parking space for over 1,500 vehicles.
History
In 2006, Kingdom Hotel Investments (KHI), a real estate investment and development company, headquartered in DubaiDubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...
, United Arab Emirates
United Arab Emirates
The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...
(UAE), leased 15 acres (6.1 ha), in the center of Kampala
Kampala
Kampala is the largest city and capital of Uganda. The city is divided into five boroughs that oversee local planning: Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division and Lubaga Division. The city is coterminous with Kampala District.-History: of Buganda, had chosen...
, from the Government of Uganda for ninety-nine (99) years. KHI planned to construct a luxury hotel complex on the property, with the opening date of 2009, at an estimated cost of US$60 million. KHI is chaired by HRH Prince Alwaleed Bin Talal, a prince of the Kingdom of Saudi Arabia.
Following the Global Recession
Global recession
A global recession is a period of global economic slowdown. The International Monetary Fund takes many factors into account when defining a global recession, but it states that global economic growth of 3 percent or less is "equivalent to a global recession".By this measure, four periods since...
of 2008 and 2009, KHI became unable to fund the project on its own. They sold majority shareholding in the development to Azure Holdings Limited, a subsidiary of the Mara Group, also headquartered in Dubai, United Arab Emirates
United Arab Emirates
The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...
. Mara Group is also the parent company of Kensington Uganda Limited, a real estate investment and development company. Construction of the hotel, technically known as Kingdom Kampala Hotel, began in July 2010 and is expected to last until 2013, at an estimated cost of US$80 million. InterContinental Hotels has signed the agreement with the hotel developers to manage the hotel when completed. Kampala Intercontinental Hotel, is one of three InterContinental hotels under construction on the African continent in 2011. The other two are in Luanda
Luanda
Luanda, formerly named São Paulo da Assunção de Loanda, is the capital and largest city of Angola. Located on Angola's coast with the Atlantic Ocean, Luanda is both Angola's chief seaport and its administrative center. It has a population of at least 5 million...
, Angola
Angola
Angola, officially the Republic of Angola , is a country in south-central Africa bordered by Namibia on the south, the Democratic Republic of the Congo on the north, and Zambia on the east; its west coast is on the Atlantic Ocean with Luanda as its capital city...
and in Lagos
Lagos
Lagos is a port and the most populous conurbation in Nigeria. With a population of 7,937,932, it is currently the third most populous city in Africa after Cairo and Kinshasa, and currently estimated to be the second fastest growing city in Africa...
, Nigeria
Nigeria
Nigeria , officially the Federal Republic of Nigeria, is a federal constitutional republic comprising 36 states and its Federal Capital Territory, Abuja. The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in...
.
External links
- Website of Kingdom Hotel Investments
- Website of Kensington-Africa
- Website of Kingdom Kampala Real Estate Development
- Intercontinental Hotel Group To Open Franchise In Kampala
See also
- KampalaKampalaKampala is the largest city and capital of Uganda. The city is divided into five boroughs that oversee local planning: Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division and Lubaga Division. The city is coterminous with Kampala District.-History: of Buganda, had chosen...
- NakaseroNakaseroNakasero is the hill where the central business district of Kampala is located. Kampala is Uganda's capital and largest city.-Location:Nakasero is bordered by Mulago to the north, Makerere to the northwest, Old Kampala to the west, Namirembe and Mengo to the southwest, Nsambya to the south, Kibuli...
- Kampala Hilton HotelKampala Hilton HotelKampala Hilton Hotel is a hotel, under construction, in Kampala, Uganda's capital city.-Location:The hotel is located on Nakasero Hill Road in Nakasero, Kampala's most prestigious location. The building is being erected on a site that was previously occupied by the state's television stations...
- Kampala Serena HotelKampala Serena Hotel-Location:Kampala Serena Hotel is located on Kintu Road, on Nakasero Hill, nestled among of manicured lawns and gardens in one of Kampala's most exclusive hillside neighborhoods. This location is adjacent to the Kampala Sheraton Hotel and the Imperial Royale Hotel...
- InterContinental Hotels