Infinity Developments Acquires Stone Town’s Beit Al Salaam Hotel

Stone Town’s Beit Al Salaam Hotel has changed hands. Infinity Developments has acquired the property, according to The Citizen Tanzania (direct).

The report identifies the buyer as a Zanzibar developer. The acquisition puts an existing hotel in Stone Town under the company’s ownership.

The available source material names the buyer and the property but gives no purchase price or other transaction terms. It also provides no details about the company’s plans for the hotel.

For business readers, the confirmed development is the hotel’s change of ownership. The terms of the purchase and Infinity Developments’ plans for Beit Al Salaam remain the details to watch for in further reporting.