Performance – Hospitality Net

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STR: Middle East and Africa hotel performance for August 2017

LONDON -- Hotels in the Middle East reported mixed performance results during August 2017, while hotels in Africa posted growth across the three key performance indicators, according to data from STR.

Performance21 SeptemberSTREgyptMarkets & Performance

The North Africa Hotel Pipeline is Thriving, Especially in Morocco

Those who have invested in partnerships in recent decades, however, have been able to reap some rewards in recent years as, in spite of Africa's struggles, tourism begins to pick up a bit on the continent.

Performance14 SeptemberTOPHOTELPROJECTS Markets & PerformanceSupply Construction

STR: Middle East and Africa hotel pipeline for August 2017

LONDON -- STR's August 2017 Pipeline Report shows 164,898 rooms in 583 hotel projects Under Contract in the Middle East and 57,011 rooms in 308 projects Under Contract in Africa. Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

Performance13 SeptemberSTRMarkets & PerformanceSupply Construction

Kenya: Tourism stakeholders react to sector's performance post elections

By Josephine Wawira - Consultant at Jumia Travel

"During the elections period, Jumia Travel's decrease in room bookings was 30% as compared to an anticipated over 40%. The numbers are already stable following the relative stability in the country, but the trajectory will only remain if peace prevails to the end," says Onyiego.

Performance25 AugustJumia TravelKenyaDestination MarketingMarkets & Performance

The North Africa Hotel Pipeline is Thriving, Especially in Morocco

Performance14 September

Opportunities abound for foreign investment in Africa's hospitality sector

JOHANNESBURG, South Africa -- The hospitality sector in Africa's emerging markets looks set to profit from foreign investment and an influx of foreign travellers. The emerging markets are set to post faster growth in revenue than their counterparts in developed countries, making them integral to the expansion strategies of some of the world's leading hotel developers.

Performance16 AugustPricewaterhouseCoopersReal Estate & InvestmentMarkets & Performance

STR: Middle East and Africa hotel pipeline for July 2017

LONDON -- STR's July 2017 Pipeline Report shows 166,166 rooms in 590 hotel projects Under Contract in the Middle East and 56,925 rooms in 308 projects Under Contract in Africa. Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

Performance15 AugustSTRMarkets & Performance

June 2017: Mixed Profit Performance for Middle East & Africa Hotels During Ramadan

Despite the Middle East & Africa region performing ahead of the same period last year, with year-on-year increases in both top and bottom line metrics, the observing of Ramadan for almost the entire month of June meant that performance levels were some of the lowest recorded in the last 12 months.

Performance 1 AugustHotStats LimitedMarkets & Performance

STR: Middle East and Africa hotel pipeline for June 2017

LONDON -- STR's June 2017 Pipeline Report shows 160,120 rooms in 583 hotel projects Under Contract in the Middle East and 56,289 rooms in 310 projects Under Contract in Africa. Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

Performance13 JulySTRMarkets & PerformanceSupply Construction

Africa's Hospitality Sector Withstands Economic Headwinds

Pietro Calicchio, Hospitality & Gaming Industry Leader for PwC Southern Africa, says: "Africa's hotel sector has remained resilient in the face of strong economic headwinds."PwC's 7th edition of the 'Hotels Outlook: 2017-2021' projects that South African hotel room revenue will grow by 10.

Performance30 JunePwCSouth AfricaMarkets & Performance

STR: Middle East and Africa hotel performance for May 2017

LONDON -- The hotel industry in the Middle East reported negative results during May 2017, while hotels in Africa recorded mixed results in the three key performance metrics, according to data from STR.

Performance23 JuneSTRMarkets & Performance