Industry Update
Opinion Article 3 October 2016

2016 African Hotel Valuation Index

By Tim P. Smith, Managing Partner, HVS Cape Town and Tshepo Makhudu, Senior Consultant at HVS Cape Town

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Tim P. SmithTim P. Smith
Tshepo  MakhuduTshepo Makhudu

Welcome to the third edition of the African Hotel Valuation Index (HVI). We are thrilled that the number of markets included in the study continues to grow. In the first edition we had 14 cities, that grew to 18 last year and this year it has increased again to 21 cities in 16 different countries. A 50% increase in markets in such a short space of time is indicative of the ever increasing interest in the African hotel market. Moreover, and equally importantly it also illustrates an improved transparency and increase in data across the continent.


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