Kericho Hotel lease row reveals risks in tenant-funded facelifts

A Kericho hotel dispute highlights the risks of heavy investment in leased property without a binding agreement.

Photo credit: Shutterstock

A court battle over a hotel in Kericho County has cast fresh light on the risks of investing significant sums in renovating a leased property without a comprehensive and binding agreement with the asset owner.

The dispute pits Majani Hotels Group against Tea Hotel Limited over a long-term lease signed in August 2023 for a hotel and swimming pool complex.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.