The opportunities for hotel development in Ivory Coast are at their strongest for a long time, as the country continues to bounce back from internal conflict. The key factor in this assessment is the resurgence of Abidjan, as a French-speaking commercial centre, assisted by a growing airport with direct connection to the USA and good quality infrastructure for meetings, conferences and exhibitions.
Senegal benefits from a strategic location on the West coast of Africa bordering the North Atlantic Ocean, and represents a gate-way to the landlocked Sahelian countries. According to United Nations projections, the population of Senegal should reach 40 million by 2050, underlining the great potential for the domestic market.
As the potential for tourism investment in under-exploited Francophone Africa becomes ever-clearer, Senegal has been highlighted as an emerging economy that's ripe for further development.The country still faces challenges, but the government wants to put Senegal in the top five African tourist destinations with three million visitors a year by 2023.
Rwanda is no longer a newcomer into the tourism scene - it has paved its own way to becoming a leading eco-tourism and MICE destination, anchored in its vision, values, aspirations and leadership. Now is the time to invest in this country full of opportunities and possibilities.
"Whilst theres much thats been said about the traditional hotel industry bemoaning the new home-sharing economy, the fact remains that, companies like Airbnb who dynamically blend tech and travel are not for hotels to fear, even as the rental room giant continues to enjoy rapid growth in Africa," says Wayne Troughton, CEO of specialist hospitality and real estate consultancy firm, HTI Consulting.
W Hospitality Group's hotel development pipeline analysis shows that more than 30 per cent of the current total Africa pipeline - both pre-construction and on-site - is in French speaking Africa. Hotel expansion is taking place across the continent, from Morocco, Cote d'Ivoire, Senegal, Niger and Guinea in West and North Africa to Madagascar in the Indian Ocean.
STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England.
In their efforts to make a positive contribution towards tourism development and the growth of the hotel industry at large, BON Hotels, West Africa's fastest-growing hospitality company, has announced their plans to partner with prominent Nigerians with strong roots in the hospitality industry to open a hotel school in Abuja early next year.
We were proud to host one of the biggest events on the African hospitality calendar recently, with the Radisson Blu Hotel, Nairobi Upper Hill team creating the ideal atmosphere for a wonderful event.Held every year, the Africa Hotel Investment Forum (AHIF) is the leading hotel investment conference on the continent - attracting investors from around the world.
Straight from the African Hotel Investment Forum (AHIF) in Nairobi, AccorHotels (www.AccorHotels.com), the world's leading travel & lifestyle group, announced a record year of development in Africa. Beginning with the 50% stake in the Mantis Group in April, followed by the announcement in late July of a dedicated Investment Fund with a targeted reach of USD $1 billion devoted towards sustainable development in Sub Sahara Africa, the journey continued with the acquisition of Movenpick Hotels & Resorts in September.
