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Mary Wambui loses control of Glee Hotel after Equity Bank places it under administration, taking over operations and appointing an administrator
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High-Profile Hotels Placed Under Receivership and Administration in 2025 and 2026
Valentine Taifa August 15, 2026

Several prominent hotels in Kenya have faced financial difficulties in recent years, prompting lenders to appoint receivers, or administrators, as they seek to recover outstanding debts and protect their interests. Although the two processes are related to corporate insolvency, receivership and administration are not the same. A receiver is appointed to take control of a

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