Aberdare Safari Hotels Limited, one of Kenya’s most historic and renowned hospitality brands, has secured approval for significant share acquisitions that will bolster its financial position and support its expansion.
In a gazette notice public on February 6,2025 reveal that at a virtual Annual General Meeting (AGM) held on January 9, 2025, shareholders authorized the company to purchase 1,272,400 ordinary shares from Wagema Limited and an identical number of shares from Wain Limited, each valued at Kenya Shillings 127,240,000 (KSh. 127.24 million).
This approval paves the way for Aberdare Safari Hotels to strengthen its ownership structure and capitalize on growth opportunities in Kenya’s competitive hospitality sector.
“These acquisitions represent a pivotal step in securing the future of Aberdare Safari Hotels,” said the CEO of Aberdare Safari Hotels.
“We are deeply committed to growing our iconic brand, and this will allow us to further enhance our offerings and reach new milestones in the hospitality industry.”
Aberdare Safari Hotels, established nearly 90 years ago by Major Eric Sherbrooke Walker and his wife Lady Bettie, is celebrated for its rich history and connection to Kenya’s cultural heritage.
The company’s flagship property, which includes the historic Outspan Hotel, is located just 17 kilometers from the Aberdare National Park – home to more than 2,000 elephants and a range of unique wildlife, including the elusive bongo antelope.
The hotel’s Paxtu Cottage, where Lord Baden-Powell, the founder of the Scout Movement, spent his final years, remains a major attraction for visitors seeking to experience the legacy of the famous leader.
Serving over 50,000 guests annually, Aberdare Safari Hotels has built a reputation for providing luxurious accommodations amidst its sprawling 20-acre gardens.
The company is optimistic that its latest investment initiatives, including the share acquisitions, will allow them to double their annual guest numbers to 100,000.
In addition to its rich heritage and wildlife offerings, Aberdare Safari Hotels aims to expand its iconic leisure brand, offering a blend of luxury, adventure, and history.
As tourism in Kenya continues its recovery, Aberdare Safari Hotels is perfectly positioned to capture the growing demand for unique, eco-tourism experiences in one of Africa’s most beautiful regions.
