Browsing: Hotels in Africa

Cape Town, South Africa. www.theexchange.africa

The continent’s most promising markets are South Africa, Kenya, Nigeria, Mauritius and Tanzania.

According to a PwC report, Hotels outlook: 2019–2023 Future resilience, South Africa would see some sustained but suppressed growth through 2019 hitting R16.8 billion from the R16.7 billion recorded in 2018. With the pandemic, this growth slowed down but the recovery is promising especially with the lockdowns and other safety measures dropped.

The report indicates that overall revenue from hotel room accommodation rose by 0.5 per cent with international visitor numbers to South Africa continuing on an upward trajectory at just 1.7 per cent over 2017 numbers.

“We forecast that hotel room revenue will grow by 0.4 per cent in 2019 to R16.8 billion with a compound annual growth rate of 3.3 per cent over the forecast period. The growth in hotel rooms in South Africa will continue, with an additional 3,800 rooms to be added over …

Havar Winnie Cloud9xp 1

Cloud9xp, leading online marketplace, booking service and distributor for leisure experiences with a Kenyan base has announced that they have joined forces with one of the fastest growing and tech-enabled tours and travel companies in the region, Heartbeat Adventures.

The deal finally came to a positive conclusion after several weeks of negotiations. The two companies will continue with operations under the Cloud9xp brand, with HeartBeat Adventures’s Founder, Winnie Kimathi, being appointed as the new Managing Director to oversee day to day operations of the company, open new doors for revenue generation through curated travel packages and lead the next phase of the company’s’ growth.

Following a recent round of undisclosed investment and launching their new mobile applications earlier in the year, Cloud9xp has been on an upward trend.

The merger will allow a better customer experience and bigger product basket size. This includes in-destination management, flight and accommodation bookings …

Havar Bauck

How two Norwegians-turned Kenyans built a global traveltech success from five apartments in Syokimau

When Håvar Bauck landed in Kenya in 2002, the country was in chaos. The government of outgoing president Daniel Moi was preparing to exit the scene after 24 years in power. It was not clear who would become the next leader and despite great optimism of the future of the country, fear of instability was still evident.

“Kenya was experiencing a great moment of change. When Mwai Kibaki won the election, the country exploded in optimism. I was excited to see Kenya starting to realize its potential. The spirit of ‘yote yawezekana’ was contagious,” notes Bauck who was on a student exchange program through the Norwegian Peace Corps.

For Bauck, there began his great love for Kenya and an exciting journey for sixteen years that has pushed him to developing one of the biggest start-ups ever …