Kampala Intercontinental Hotel
|Kampala Intercontinental Hotel|
|Owner||Mara Group and Kingdom Hotel Investments|
|Number of rooms||320|
The hotel is located on Nakasero Hill, the most prestigious location in Kampala, the capital of Uganda and the largest city in that country. 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, which was relocated to Kitikifumba, in Kira Municipality in Wakiso District. The elevation of the construction site is 1,160 metres (3,810 ft) above sea level, facing south east, adjacent to Oasis Mall, in Kampala's central business district. The coordinates of the hotel are:0°19'02.0"N, 32°35'28.0"E (Latitude:0.317223; Longitude:32.591112).
Kampala Intercontinental Hotel is part of a business/residential real estate development that will include:
- A 320-room five-star 34-storey hotel tower - The Kampala Intercontinental Hotel - The 3rd five-star hotel in Kampala, behind Kampala Serena Hotel and Kampala Hilton Hotel.
- A conference center that can accommodate over 3,000 conference delegates
- Rentable retail and office space, measuring in excess of 90,000 square metres (970,000 sq ft)
- Parking space for over 1,500 vehicles.
In 2006, Kingdom Hotel Investments (KHI), a real estate investment and development company, headquartered in Dubai, United Arab Emirates (UAE), leased 15 acres (6.1 ha), in the center of Kampala, from the Government of Uganda for 99 years. KHI planned to construct a luxury hotel complex on the property, with the opening date planned for 2009. 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. InterContinental Hotels has signed the agreement with the hotel developers to manage the hotel when completed. Kampala Intercontinental Hotel, was one of three InterContinental hotels under construction on the African continent in 2011. The other two were in Luanda, Angola and in Lagos, Nigeria.
The hotel, office tower and conference complex are estimated to cost US$80 million in construction.
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- Among, Barbara (14 June 2010). "Work On Shimoni Land Starts July 2010". New Vision. Retrieved 2 June 2014.
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- Website of Kingdom Hotel Investments
- Website of Kensington-Africa
- Website of Kingdom Kampala Real Estate Development
- Specifications of Kampala Intercontinental Hotel