12 things you didn't know about the African hotel industry
Africa is experiencing a 30% increase in hotel development year on year during 2016, according to afkinsider.com.
And it offers 12 things you need to know about the future of the hotel industry in Africa, which is “under-supplied with growing tourism and a rising middle-class”.
It says: “The stats and facts speak for themselves, and Africa is a positive prospect for growth as far as the hospitality industry is concerned, despite the difficult global economy at the moment.”
Revenue per available room (RevPAR) in Africa grew by 8.6% to $103 and 4% to $56 in the year to August respectively.The number of planned hotel rooms in Africa increased to 64,000 in 365 hotels during 2016, up almost 30% on the previous year.
Nigeria will add more than 10,000 rooms this year, while Angola will build over 7,500 and Egypt over 6,600. Morocco, Algeria and Tunisia follow behind the top three, followed by Kenya, Ethiopia, South Africa and Senegal.
Click HERE to visit the website and discover the big name chains, that are choosing Africa for their expansion plans.
Story from www.afkinsider.com