As Africa’s fastest-growing hospitality market, Morocco, prepares to co-host the FIFA 2030 World Cup with its European neighbours Portugal and Spain, the country is shining a spotlight on its thriving hospitality market and the initiatives and incentives in place to attract further investment.
According to the International Monetary Fund (IMF), Zambia’s economic outlook is promising, with projected growth rates of 4.3% in 2023, 4.7% in 2024, and 4.8% in 2025. Zambia has maintained a steady growth rate of 3.2% over the past decade, demonstrating economic stability that exceeds the Sub-Saharan Africa average of 3.0%.
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) unveiled the significant growth of Tanzania’s Travel & Tourism sector last year, with record-breaking numbers for economic contribution and visitor spend.
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has today revealed a record-breaking year for Travel & Tourism in Kenya, contributing KES1TN to the national economy in 2023.
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has today revealed that Tunisia’s Travel & Tourism sector is set to inject a record-breaking TND 23BN into the national economy this year.
Radisson Hotel Group (www.RadissonHotels.com) is proud to announce its goal to reach 25 hotels in South Africa by 2030, effectively doubling its current portfolio. This ambitious expansion along with the Group’s recent updates to its South African portfolio underscores its commitment to strengthening its presence and contributing to the growth of the South African hospitality industry.
Radisson Hotel Group has set a goal of expanding its current portfolio of 11 hotels in operation and under development in Morocco to 25 hotels by 2030. As Morocco continues to be a crucial market for development, the Group is accelerating its expansion in the country and has therefore extended the portfolio of Erwan Garnier, Senior Director for Development, to include Morocco.
The World Travel & Tourism Council (WTTC) gears up for its stellar 23rd Global Summit in Kigali this week (1-3 Nov), with Ivorian footballing legend Didier Drogba set to take to the stage.
UNWTO has recognized the most influential innovators reshaping tourism in the Kingdom of Morocco. The finalists of the first Moroccan Tourism Startup Competition showcase the power of the sector for driving post-pandemic recovery, protecting cultural and natural heritage and providing opportunities for both rural and urban communities.
As part of the implementation of its asset-light strategy, Accor announces that it has reached an agreement with Mutris – a Moroccan investment company bringing together private and institutional investors – under which Accor will, firstly, sell its 33% stake in Risma, Morocco’s leading publicly listed hotel operator, to Mutris at a price of 130 dirhams per share, and secondly, sell its Risma bonds on the market.
Compagnie Hoteliere et Immobiliere du Congo (CHIC), the leading hotel owner and developer in the Democratic Republic of Congo (DRC), at AHIF 2023 in Nairobi, Kenya, announced the implementation of Accor driven digital solutions covering five hotels of the CHIC group, opening soon under under the Novotel and Ibis Styles brands across 4 cities, bringing 660 keys to the country.
Marriott International, Inc. today announced that it has signed an agreement with Delaware Investment Limited to open its first JW Marriott luxury safari lodge in the Serengeti, Tanzania. Expected to open in 2026, the lodge will be situated within the Serengeti National Park, a protected UNESCO World Heritage Site and one of the most renowned safari destinations in Africa, home to endless plains, the incredible Great Migration and some of the largest herds on the planet.
The World Travel & Tourism Council (WTTC) has today revealed positive signs of recovery for the South African Travel & Tourism sector with travellers heading back to its major cities.
Kew Green Hotels, one of the leading international hotel management companies, has been appointed by Earth Holding, as the hotel management company for Azembay, the first eco-village in Morocco, North Africa. Situated just 45 minutes from Casablanca and just over an hour from Casablanca International Airport, this laid-back luxury resort is nestled within more than 1,000 hectares of forest leading to a stunning private beach. Azembay features a collection of villas and apartments totalling 206 keys, waterfront dining, a spa, con ference and events spaces, a kids club, plus numerous activities and will open in early 2024.
Kasada, the leading independent real estate private equity platform dedicated to hospitality in sub-Saharan Africa, announced today that it will build a new dual-branded hotel in Abidjan within the largest retail-led mixed-use development currently being developed by HCCP. The complex, scheduled to open in 2024, will seek to be certified EDGE, the World Bank’s green building certification program, and will boast over 150 hotel keys, a shopping center with over 60 stores, restaurants, a mini entertainment park, offices, a co-working space, and a clinic.
Taryn Gillson, Executive Director of the Impact Division & Community Conservation Fund Africa at Mantis Collection outlines the three pillars of engagement to which each Mantis property adheres: Conservation, Sustainability and Community. The resort is nestled deep in the South African wilderness, between Gqeberha and Grahamstown, within a 20,000 hectares conservation area. On this land, 6,500 species of plants flourish – 2,000 of which cannot be found anywhere else in the world. The place is also home to 421 species of birds and 48 species of large mammals including rhinos, giraffes, warthogs, zebras and antelopes.
Against the backdrop of its Executive Council in Marrakesh, the United Nations specialized agency outlined plans to support 10,000 Moroccan MSMEs benefit from digitalization. The joint action plan, developed alongside the Moroccan Ministry of Tourism, was announced at the start of a special Thematic Session on “SMEs and Talent: Transforming Tourism”.
UAE-headquartered TIME Hotels has signed an agreement to manage 35 luxurious lodges in an equestrian eco-resort in Ifrane’s National Park in Morocco’s Atlas Mountains, its first property in the North African country.
Aleph Hospitality, the leading Dubai-based independent hotel management company, has solidified its presence in Uganda by taking over management of the Best Western Plus The Athena Hotel in Kampala earlier this month.
The World Travel & Tourism Council (WTTC) has revealed the South African Travel & Tourism’s GDP will drive the national economic recovery over the next decade.