Hotel in Zanzibar seeking investment partner
Hotel overview
The hotel, operating since 2018, has positioned itself as a luxury property in Zanzibar, a popular tourist destination. It is located on the north-east of the island, about 45 km from Stone Town and the airport.
The property is designed for couples, families, and friends with a total of 51 rooms in total. The spacious villas and rooms range from 80 sqm to 160 sqm with the interiors showcasing local Zanzibar craftsmanship with subtle luxury. The resort has a capacity for 110 guests.
The seven Ocean Villas and seven Double Deluxe Sea View Rooms, feature private infinity pools with unobstructed views of the Indian Ocean. They boast outdoor terraces for lounging under the African sky or private dinners among loved ones. The private villas comprise two, three and four en-suite bedrooms, each with walk-in wardrobes.
The 25 Tropical Garden rooms are situated in the gardens, among beautiful flora and fauna with a variety of colourful birds and partial Indian Ocean views. Standout features of these rooms include open-sky terraces, walk-in wardrobes, and spacious bathrooms.
The Club House, overlooking the Indian Ocean, is the heart of the property, featuring the lobby, reception, restaurant, bar, kitchen, main pool overlooking the ocean, changing rooms, rooftop bar, and restaurant as well as kids play area.
The back-of-house facilities comprise a 14-room en-suite staff quarter, storage space, a laundry area, wastewater treatment plant, borehole, water tanks, and an electricity generator.
The beautiful forest area has a bushwalking trail and benches, picnic spots, and space for ‘Swahili bush dinners’ with a bonfire for guests to enjoy nature.
Land Area
The total area of the property is 94,800 sqm (23.42 acres) of which only 4,800 sqm (1.18 acres) are currently used. The remaining 90,000 sqm (22.23 acres) can be used to add more rooms and other facilities. There is also potential to build a jetty, overwater villas, a helipad, and sports facilities for tennis, basketball and mini-golf.
About Zanzibar
Zanzibar is an autonomous region of Tanzania. It comprises several islands situated 25-50 kilometres off the coast of the mainland. The capital is Zanzibar City, located on the island of Unguja. Its historic centre, Stone Town, is a World Heritage Site. Zanzibar’s main industries are spices, raffia and tourism. In particular, the islands produce cloves, nutmeg, cinnamon, and black pepper. For this reason, the Zanzibar Archipelago, together with Tanzania’s Mafia Island, are sometimes referred to locally as the ”Spice Islands”.
Tourism in Zanzibar is a more recent activity, driven by government promotion that caused an increase from 19,000 tourists in 1985 to 922,692 in 2021. Zanzibar’s tourism sector has been growing rapidly over the years and most of the businesses on the island depend on the sector. The islands are accessible via five ports and the Abeid Amani Karume International Airport, which can serve up to 1.5 million passengers per year.
Grant Thornton Advisory East Africa Limited has been appointed to search for an investor for the hotel. For further information please contact:
Ketan Shah
Managing Director
Grant Thornton Advisory East Africa Limited – Tanzania
First Floor, Viva Towers, Ali Hassan Mwinyi Road
P. O. Box 7906, Dar es Salaam, Tanzania
Mobile: +255 (0) 767 206 223
Email: ketan.shah@tz.gt.com
Karan Chokshi
Manager | Transactions Advisory Services
Grant Thornton Advisory East Africa Limited – Tanzania
First Floor, Viva Towers, Ali Hassan Mwinyi Road
P. O. Box 7906, Dar es Salaam, Tanzania
Mobile: +255 (0) 679 770 664
Email: karan.chokshi@tz.gt.com
Important Notice and Next Steps
The information above has been provided by the Company and should not be considered a representation by Grant Thornton Advisory East Africa Limited (“Grant Thornton”).
After the signing of a Non-Disclosure Agreement, interested parties will immediately receive a detailed information pack pertaining to the hotel.
Additionally, interested parties will have the opportunity to visit the Hotel and meet the management team.
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