The Africa Hotel Investment Forum (AHIF), which is the premier tourism and hotel investment conference in Africa, attracting many prominent international hotel owners, investors, financiers, management companies and their advisers, will return to the Sheraton Hotel, Addis Ababa in the last week of September, 23-25, 2019.
Radisson Hotel Group, one of the world's largest hotel groups has begun 2019 with the announcement of its new commercial strategy for South Africa. The Group currently operates 11 hotels and 2,200+ rooms across the country and is also one of the fastest growing hotel brands in Africa with 90+ hotels in operation and under development.
MARRAKESH, Morocco -- From the Forum de l'Investissement Hotelier Africain in Marrakech, Marriott International (www.Marriott.com) announced three new deal signings across North and West Africa, reinforcing the company's commitment to expanding its presence across the continent.
"Continued economic growth in many African countries is driving greater interest in the continent from a tourism perspective but it's interesting to see that Ghana, in particular, is proving increasingly attractive as a leisure tourism destination," says Wayne Troughton, CEO of specialist global hospitality and tourism consultancy HTI Consulting.
Figures released by Cape Town's big attractions, Cape Town International Airport and STR's Destination Report indicate mixed performance for December 2018. The second half of the year has shown that the city's recovery in terms of tourism is stabilising, notwithstanding a poor performance in the early part of 2018.
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.
