The New Century Hotel is set to be fully operational in the second half of 2012, according to the company’s top management.
The Deputy CEO and head of Finance of New Century Hotel, Solomon Adede, said in an interview, last week, that since Rwanda is increasingly becoming a destination for conference tourism, there is need for enough accommodation.
New Century Hotel is private partnership with 75 percent holding by Hong Kong-China and 25 percent by local investors.
“What I can say is that the investment environment in the country is superb, and dealing with RDB has made doing business in Rwanda more attractive,” said Adede.
He added that: “When there are five hotels like Serena and Marriott we can compete to win the international conferences.”