Dar es Salaam. East Africa’s leading hotel chain Tourism Promotion Services (TPS), Serena Hotels, has acquired Mövenpick Royal Palm Hotel.
A statement issued yesterday said after the acquisition, the hotel would be rebranded to Dar es Salaam Serena Hotel come Thursday. TPS (D) Limited is owned by the Aga Khan Fund for Economic Development (AKFED), TPS Eastern Africa Limited (TPSEAL), PDM (Holdings) Limited, PROPARCO and NORFUND.
Dar es Salaam Serena Hotel is strategically located within the commercial, business and diplomatic district. The new owners have promised to position the facility as the premier up-market five-star hotel for the discerning corporate and leisure clientele as well as offer the finest food and beverage outlets as well as conference and banquet facilities.