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Hotel development activity on the rise in Africa despite economic challenges (Survey)

Monday, 19 June 2017 15:39

(Ecofin Agency) - Despite economic challenges in Africa, hospitality development activity has increased 13% in 2017. This was indicated in the 2017 annual survey of W Hospitality Group.

This figure as well other statistics related to hotel development across the continent will be discussed by industry leaders and government officials at the seventh Africa Hotel Investment Forum (AHIF) which will be held in Kigali, Rwanda, next October.

Over the past years, the hospitality sector in Africa has recorded a significant increase in its activity. This is mainly due to the fact that many foreign hotel chains such as Accorhotels, Hilton and Mariott are expanding across the region.

Servan Ahougnon

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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