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National Bank Takes Over Nairobi Upperhill Hotel

Michael OwinobyMichael Owino
August 20, 2025
Reading Time: 4 mins read
Upperhill Hotel Among Major Kenyan Hotels Placed Under Receivership In 2025

Photo of Nairobi Upperhill Hotel. PHOTO/Nairobi Upperhill Hotel

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Nairobi Upperhill Hotel, a popular establishment in the City has been placed under receivership by the National Bank of Kenya (NBK).

In a notice dated Wednesday, August 20, 2025, NBK announced the appointment of Kamal Anantroy Bhatt of Anant Bhatt LLP as the Receiver and Manager of the hotel.

“Notice is hereby given that Kamal Anantroy Bhatt, of Anant Bhatt LLP, was appointed as Receiver & Manager (‘The Receiver’) of Nairobi Upper Hill Hotel Limited (‘the Company’) on 18th August 2025 by National Bank of Kenya Limited (‘the Bank’),” the notice read in part.

National Bank Places Nairobi Upperhill Hotel Under Receivership

The notice further stated that following the appointment, the affairs and business of the company shall be directed by the Receiver. His powers extend to all assets and undertakings of the hotel, and only he or his representatives are authorized to deal with them.

The bank warned that anyone attempting to transact, use, buy, sell, or otherwise deal with the hotel’s assets without the Receiver’s written consent would be acting in contravention of the law and liable to legal action.

“Any person who purports to hold, receive, use, or attempts to buy or sell, contract, or otherwise deal with the assets of the Company or with the Company without the prior written consent of the Receiver will be acting in contravention of the law and will be liable to legal action,” read the notice.

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Also Read: National Bank Announces New Loan Pricing Model for Kenyans


The Receiver, however, acts solely on behalf of the company and bears no personal liability.

Any claims or inquiries relating to the company are to be addressed to the Receiver at:

Kamal Anantroy Bhatt
Anant Bhatt LLP – 1st Floor, City House, Nyerere Avenue, Mombasa
P.O. Box 80766-80100
Telephone: 0726 241 555
Email: [email protected]
Website: www.anantbhattilp.com

About the Hotel

The Nairobi Upper Hill Hotel, owned by businessman Geoffrey Wahome Muotia, reportedly owes NBK Ksh447 million from loans dating back to 2014.

The initial borrowing of Ksh281 million, comprising a Ksh10 million overdraft, Ksh236 million commercial mortgage, and Ksh35 million term loan, has grown to Ksh447 million due to accumulated interest and charges over a decade of non-payment.

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Also Read: National Bank Sold to Nigeria’s Access Bank Plc 


The hotel is a four-storey establishment along Mawensi Road in Nairobi’s Upper Hill area. It features a spacious lobby with stairways and lifts, a reception area with operator and reservation desks, a business center, a gift shop, and a bar.

The property has long been popular with both business and leisure travelers due to its proximity to the city’s central business district and major corporate offices.

Follow our WhatsApp Channel and X Account for real-time news updates.

Nairobi Upperhill Hotel Placed Under Receivership By National Bank
National Bank of Kenya branch in Nairobi. PHOTO/Standard
Tags: Nairobi Upper Hill Hotel LimitedNational BankReceivership
Michael Owino

Michael Owino

Mr. Michael Owino is a Multimedia journalist and Voice Over artist with a Bachelor of Arts in Journalism and Mass Communication. He strives to bring stories to life through a variety of mediums. His primary interests lie in Technology and other human-interest stories.

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