The Emin Pasha Hotel, one of Uganda’s pioneering luxury boutique hospitality brands, has been listed for sale alongside other high-value properties belonging to its proprietor, Lokulie Kennedy Erestus Losuk. The sale, announced through a public auction notice issued by Jald (U) Ltd, comes as a result of a loan default and reflects not only the financial distress of the hotel’s ownership but also broader credit and financing pressures affecting Uganda’s tourism sector. According to the notice, two properties associated with The Emin Pasha Ltd are being put up for auction. The first is Plot 27, Stanely Road in Nakasero, which…
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Sheraton Kampala Hotel one of Kampala’s top hotels has sent down most of its staff on paid leave as Covid-19 related restrictions have severely diminished business at the hotel. In an interview with CEO East Africa, the hotel’s General Manager, Mr. Jean Philippe Bittencourt, said that the hotel is mainly catering to “guests that could not leave the country” as well as a “few residents in our apartments.” “We are generally operating at only at less than 3 % (occupancy rate),” he said. “As far as bookings are concerned, of course, there is nothing coming through and April is expected…
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