Year of mixed fortunes for Rwandan hotels as some face the axe

Despite the end of year’s bullish run that at one time saw all five-, four- and three-star hotels in Kigali get fully booked for a good stretch, it is not all rosy for the hotel industry, with suggestions coming in for a tailored credit line to help salvage the industry.

“As an industry, it has been a year of mixed fortunes, insecurity and Ebola outbreak in the neighbouring countries have affected us, but access to finance is still a big problem for the industry,” said Nsengiyunva Barakabuye, the President of Rwanda Hoteliers Association, who also owns Nyungwe Top View Hotel in Nyungwe.