A Kenyan developer licenses a US hotel brand for an airport hotel in Nairobi; African by asset location, partner domicile and territory.
| Record ID | TX-AFR-2025-0062 |
|---|---|
| Record type | Commercial IP transaction |
| Transaction type | Franchise agreement, Trade mark licence, Know-how licence |
| IP rights | trade mark, know-how |
| Status | Signed |
| Qualifying date | 2025-10-09 |
| Sector | Hospitality · Hotel franchising |
| African markets | Kenya |
| Licensed territory | Kenya (one property). |
| Disclosed value | Not disclosed in the sources reviewed. |
| Evidence | Primary source, independently corroborated · 3 source(s) |
| Last verified | 2026-10-25 |
Parties
- Marriott International, Inc. (United States): franchisor, licensor
- Aksaya Estates Limited (Kenya): franchisee, investor
Key terms
- Interest: franchise; Exclusivity: Not stated by source; Territorial scope: One hotel, approximately 180 rooms, Nairobi; Term: Opening 2027
Sources
- Aksaya Estates Limited signs agreement with Marriott International to bring Courtyard by Marriott to Jomo Kenyatta International Airport, Marriott International, 2025-10-09
- Marriott to open new Courtyard hotel at Nairobi Airport by 2027, ATTA, 2025-10-09
- Aksaya Estates signs landmark deal to bring Courtyard by Marriott to Nairobi Airport, Hospitality, Hotel & Catering Middle East Africa, 2025-10-13
Part of The Meridian’s Africa IP database. Counts, market breakdowns and rankings are derived from published records only; a record counts once. Corrections: submit evidence.
