Browsing: hospitality industry in Africa

Africa's Hospitality Sector set to Soar – Analysts www.theexchange.africa

While the hospitality sector was one of the most hit during the pandemic, it has also been among the fastest to rebound on the African continent.

According to a recent W Hospitality survey, hotel chains signed 447 transactions in 2021, and the number of rooms (80,291 rooms) added to their development pipeline is nearly the same to 2019

Marriott Hotel & Resorts, Hilton, and Radisson Blu are the most active hotel brands in terms of on-site construction.

According to the report, the on-site construction period is often beneficial to hotel chains and many others involved – a new hotel implies more jobs, tax money for the government, increased economic activity in the value chain, more advertising spending for the location, and so on.…

Kenyan travel-tech HotelOnline on major onslaught of the African market 

Kenyan based travel-tech outfit HotelOnline has made a strategic acquisition of companies across Africa, positioning itself at the helm of the industry. While many companies in the travel industry have been facing a major dip due to COVID-19, HotelOnline has diversified and acquired other entities solidifying its position in the African travel industry. 

Run by two Norwegian-born Kenyans, Havar Bauck, and Endre Opdal, the company has announced the acquisition of AfricaBookings  a pioneer in the techenabled distribution of African hotels with an impressive inventory of 6000 hotels, and Cloud9 – a savvy travel and adventure app that has gained huge traction in Kenya. 

Since then, the HotelOnline platform which was born in 2015 out of Nairobi’s lack of affordable accommodation next to Jomo Kenyatta International Airport has grown to be a force to reckon within the hospitality industry. Since the first business in September 2014, to