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Hotel room developments

Africa hotel room developments: Kenya suffers blow as it drops to seventh

Economic Growth
  • New hotel room developments in Kenya have dropped.
  • With continued signing activity (19 hotels with about 5,200 rooms in 2023) Egypt now accounts for 28 per cent of the total pipeline.
  • When it comes to hotels under construction, Marriott International leads the way, with 138 hotels (15,011 rooms) currently being built.

Kenya has ranked seventh in Africa among the countries with the highest number of hotel room developments by international hotel chains, a drop from position five in 2022.

This is according to the latest survey by Lagos-based W Hospitality Group, in association with the Africa Hospitality Investment Forum (AHIF). From the survey, Kenya has 31 hotels with a total of 4,268 rooms on the pipeline with an average room size in these hotels is approximately 138 square feet.

North Africa continues to dominate the planned supply, with Morocco and Egypt together comprising almost 31 per cent of the …

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Luxury Tourism in East Africa Boom as Global Chains Pump Millions in Investments

Hospitality
  • Luxury Tourism in East Africa has been on an upswing following the reopening of air travel.
  • Marriott and Radisson Blu are leading the line in Investments in Luxury Tourism in East Africa.
  • American hotel brand Marriott International is eyeing over 30 hotel openings  in Africa by the close of 2024

 East Africa has emerged as a magnet for luxury tourists seeking unforgettable experiences, as evidenced by the increasing investments in high-end travel and accommodation in the region.

This region, comprising countries Kenya, Tanzania, Uganda, Rwanda, and castelli gabba decathlon bmx castelli gabba custom maple leafs jersey custom maple leafs jersey adidas yeezy boost 350 turtle dove keyvone lee jersey asu football jersey sac eastpak dallas cowboys slippers mens jordan air force 1 nike air max 90 futura blundstone uomo sit top kayak fsu football jersey others, has witnessed a surge in high-end tourism from global hotel chains pumping investments in …

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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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