Browsing: Hotel developers in Africa

Africa is seen as one of the most promising regions for hotel developers, experts have revealed.

Aside from small chains and independents, four global hotel groups dominate signings and openings on the continent.

This is according to Africa Hotel Investment Forum (AHIF) a top-level gathering of investors, developers and business leaders, connecting the industry’s key players from both local and international markets Africa is still viewed as a promising region for hotel investment.

AHIF will this year be held on 6th to 8th October 2020 in Nairobi Kenya.

An analysis by AHIF notes that over the last four rolling quarters, as of September 2019, Accor, Hilton, Marriott International and Radisson Hotel Group have opened 2,800 rooms and signed deals for 6,600 rooms. Across Africa, hotel development remains important in most advanced economies, such as Morocco and South Africa; and projects are multiplying in East Africa, especially in …