Four Columbia Business School students consulted with hotel owner and Dar es Salaam entrepreneurs, Joseph and Damasi Mfugale, on how to build their Peacock Hotel chain, from three-stars into a five-star hotel.
Meeta Sethna, Columbia Business School, class of ’08, talks about her reasons for participating in the African Entrepreneurship Master Class.
Charlly Greene, Columbia Business School student, class of ’08, talks about her participation in the African Entrepreneurship Master Class.
The Columbia Business School team meets Joseph and Damasi Mfugale, owner and ceo of the Peacock Hotel. The Mfugales take the CBS team on a tour of their $2 million hotel expansion that will include a spa, conference center and luxury suites.
Damasi takes the Columbia Business School students to survey the proposed site for their beachfront luxury hotel on the Kigamboni Peninsula. The site is a five-minute ferry ride from Dar with an additional 10-minute drive from the Kigamboni ferry. This day, the ride took almost two hours.
The Columbia Business School team meets with members from various financial institutions and Peacock Hotel staff to understand the financing for the planned Peacock Hotel expansions.
Meeta, Charlly and Danielle prepare their strategy for their final meeting with the Mfugales.
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The Columbia team meets with the Mfugales for the last time.