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Dar es Salaam. The curtain could be falling down on the once high-flying Impala Hotel Group of Arusha as two of its hotels are up for sale over huge debts owed to banks.
Invitation for submission of bids to purchase the properties were placed in yesterday’s newspapers at a time the hospitality industry is going through turbulence due to falling business.
Among the properties up for sale is the 300-room luxurious Ngurdoto Mountain Lodge outside Arusha and Impala Hotel, the group’s flagship outfit within the city.
Officials of the hotel chain owned by the late Meleo Mrema, who died in August 2017, could not be reached to speak on the matter.
But a hospitality consultant, who once worked as a general manager...