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
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
Morocco and Burundi Expand Ties With 10 New Deals and Joint Roadmap
18:20
-
Benin Awards "Startup Label" to 15 MSMEs, Offering Tax Breaks for Growth
17:44
-
Mauritania Launches Free Digital Platform for Teacher Training Across All Networks
17:38
-
DR Congo: Fuel Subsidies Drop from $288.6M to $31.5M in 2023-2024, Down 89%
17:33
-
AGL Expands Kribi Logistics Hub with CFA4bn Investment
17:28
-
DRC River Transport: 240 Unapproved Ports Set to Close Soon
17:21
-
Algeria Aims for Full Digital Transformation by 2030 with New Strategy
17:18
-
BOAD Invested over CFA1 Trillion in Togo since 1976
16:12
-
Lomé to Host 20th International Fair from November 28 to December 14
16:09
-
Togo Launches Fast-Track Training to Combat Avian and Swine Flu
16:05
KoBold Metals, the U.S.-based mining company backed by heavyweight investors including Bill Gates an...
This initiative reflects ECOWAS’s commitment to a results-driven, people-centred digital transformat...
• PalmPay plans to enter South Africa, Côte d’Ivoire, Uganda, and Tanzania by late 2025• The fintech...
Tanzania will now require all local transactions to be priced and paid in Tanzanian shillings. ...
• MTN to distribute 1.2 million 4G smartphones at $5.42 for prepaid users.• Move supports South...
Morocco and Burundi signed 10 cooperation agreements across key sectors. Both countries adopted a 2025–2027 roadmap to deepen bilateral...
Africa Global Logistics (AGL) announced an investment of CFA4 billion to expand its logistics hub in Kribi, Cameroon. The goal is to keep pace with rising...
On May 8, 2025, the Ministry of Transport, Communication Routes and Opening-up issued an official letter listing 240 unapproved river and lake ports...
In the Democratic Republic of Congo (DRC), state-owned Lignes Maritimes Congolaises (LMC) is about to add two vessels to its fleet, according to its Board...
A marketing expert by trade, he leverages his skills to support businesses. With a passion for both music and technology, he also developed a platform...
In Kumasi, the historic capital of the Ashanti Kingdom in Ghana, traditional buildings stand as living testaments to the cultural legacy of one of West...