High supply growth during the past five years has placed pressure on hotel performance in sub-Saharan Africa, yet the outlook in the medium term is positive, with a more sustainable pipeline and stronger demand fundamentals.
The Algarve Congress Centre, one of the largest and most modern facilities for meetings, conferences and events in Portugal and Europe, has opened next to Vilamoura Marina and the Tivoli Marina Vilamoura Algarve Resort.
AccorHotels and Platinum Properties have announced the signing of an agreement for Pullman Accra Airport City. The country’s first Pullman branded hotel and Pullman Living serviced apartments, the property will be located in the heart of Accra’s Airport City.
As it continues to grow its presence in Africa by introducing new brands and entering new countries, Hilton announced it is on track to more than double in size in the next five years.
Radisson Hospitality has announced the signing of ten new hotels in Africa during Africa Hotel Investment Forum. The decision marks an acceleration of the Nasdaq Stockholm-listed company’s expansion across the continent.
Radisson Hospitality has announced the signing of Radisson Red Hotel Abidjan Plateau, Ivory Coast on the eve of the Africa Hotel Investment Forum.
From the Africa Hotel Investment Forum in Nairobi, Kenya, Marriott International today announced rapid expansion plans across Africa. Strong demand for select-service brands and conversion opportunities are driving the momentum of growth for the company, amplified by five new hotel signings.