Monday 18 April 2016

West African Hotel Investment Forum

The number of planned hotel rooms in Africa has soared to 64,000 in 365 hotels, up almost 30% on the previous year, according to new figures from the annual W Hospitality Group Hotel Chain Development Pipeline Survey.

The increase is largely down to strong growth in sub-Saharan Africa, which is up 42.1% on 2015 and is significantly outstripping North Africa which achieved only a modest 7.5% pipeline increase this year.

A major shake-up in the rankings by country saw Angola, never before listed among the top 10, push Egypt out of second place, due to a major deal there signed by AccorHotels.

The W Hospitality Group survey is published ahead of the Africa Hotel Investment Forum (AHIF), and will be discussed in detail at the conference by Trevor Ward, W Hospitality Group managing director.

AHIF attracts all the major international hotel investors in Africa and is being held for the first time in Lomé, Togo on 21-22 June. A second AHIF will also take place in Kigali.

Ahead of the AHIF in Kigali / Rwanda later in the year is the West African Hotel Investment Forum taking place in Lome, Togo from the 21st to the 22nd June. Don't miss it!

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