Africa has seen strong growth in revenue per available room for a sustained period, according to the latest figures from STR. Speaking at the Africa Hotel Investment Forum, STR director Thomas Emanuel said RevPAR had grown for 87 consecutive months amid a period of low supply growth and strong demand.
From the Africa Hotel Investment Forum in Addis, Marriott International has reinforced its commitment to Africa by announcing it expects to add 40 properties and over 8,000 rooms across the continent by the end of 2023.
Bench Events has revealed Accor will be the host sponsor of the Forum sur l’Investissement Hôtelier Africain in 2020. The show is the Francophone sister event of the Africa Hotel Investment Forum, the premier hotel investment conference on the continent.
Edmund Bartlett, minister of tourism for Jamaica, has been recognised by the African travel and tourism industry for his exemplary contribution to the growth of the sector on the continent.
Delegates at the Africa Hotel Investment Forum will have the chance to go running with the Ethiopian Olympic gold medallist and four-time World Championship title holder, Haile Gebrselassie.
A new report from JLL has revealed investors seeking to finance a new hotel in Africa will be much more successful if the project is part of a mixed-use development.
The St. Regis Saadiyat Island Resort, Abu Dhabi will play host to the sixth annual World Golf Awards on October 29th. Leading names from the golfing world will join VIPs and figureheads from the golf travel industry for what will mark the first World Golf Awards Gala Ceremony in the capital of the United Arab Emirates.