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Global hotel chains putting heavy investments in Africa

Investing
  • Egypt and Nigeria markets remain the top targets of international hotel chains. 
  • New hotels' pipeline in sub-Saharan Africa has gone up six per cent in 2022 (measured by rooms), whilst in North Africa the total has risen by four per cent.
  • At the moment, the hotel chains have deals signed in 42 countries in Africa.

Africa remains a top investment destination by global hotel chains as brands pump in billions of dollars into putting up facilities in the continent, an industry survey now shows.

The African hotel chain development pipeline now totals 482 hotels with 84,427 rooms, the W-Hospitality Group report titled 'Hotel Chain Development Pipeline Africa', indicates.

This total was analysed initially according to two main regions, that is, North Africa where it looked at five countries – Morocco, Algeria, Tunisia, Libya, and Egypt, and sub-Saharan Africa (49 countries, including the Indian Ocean islands).

The pipeline in…

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Tanzania back to business as usual, plans tourism exhibition

Hospitality

As hotels in East Africa are closing their doors as the effects of the global pandemic continue to bite, Tanzania is making moves to ward off the negative effects of Covid-19 by resuming business as usual, including in its tourism and hospitality sector.

In fact only this past week, Tanzania has announced that it will host its first Mafia Island Tourism Exhibition Week. The ambitious and bold move is in line with other measures that the country is taking to revive its tourism sector.

The country has already set aside millions of dollars to improve tourists experience at one of its major attractions, Mt Kilimanjaro. Tanzania has set aside money to cut out a new route to climb the mountain. This new route is exclusive for VIP tourists and other VIP personnel and is expect to boost tourism in the region.

Also Read: Tanzania’s Tourism Board unveils luxury route to

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