Ahif News
Matthew Weihs, managing director, Bench Events
Breaking Travel News chats with Matthew Weihs, managing director, Bench Events, as the 2017 event prepares for launch in Rwanda. While there have been challenges in African hospitality market of late, he argues the corner is being turned.
AHIF 2017: Rwanda prime minister Ngirente welcomes hospitality investors
Rwandan prime minister Edouard Ngirente has officially opened the Africa Hotel Investment Forum 2017. The event is taking place at the new Kigali Convention Centre and sees hospitality leaders from across the continent gather in the capital of Rwanda.
Rene Bernard Beil, managing director, Beaufort Global Partners
Rene Bernard Beil, managing director, Beaufort Global Partners, speaks to Breaking Travel News about the African hospitality market during AHIF 2017 in Kigali, Rwanda.
AHIF 2017: Mövenpick reaches new milestone in Africa expansion
Mövenpick Hotels & Resorts has marked another milestone in its Africa expansion strategy with construction work on the 160-key upscale Mövenpick Hotel Abidjan now underway.
AHIF 2017: Avani Hotels & Resorts to debut in Tunis, Tunisia
Avani Hotels & Resorts, the vibrant upscale brand by Minor Hotels, will debut in North Africa with two new properties in Tunisia, in partnership with Groupe Chaabane. Scheduled to open in the coming months, Avani Les Berges Du Lac Tunis Suites will be located in Les Berges du Lac II, a prime commercial, residential and diplomatic area in the Tunisian Capital.
AHIF 2017: Rwanda moves into top ten in Africa
The Rwandan hotel investment market has improved strongly over the last eight years, according to the African Hotel Report 2017 by Hotel Partners Africa. According to research to be released at Africa Hotel Investment, Rwanda has entered the top ten most valuable countries in Africa for hotels for the first time.
AHIF 2017: Marriott unveils seven new African properties, aims for 200 by 2020
From the Africa Hotel Investment Forum in Kigali, Rwanda, Marriott International today announced further expansion plans in Africa with seven new hotel signings. Marriott International was the first global chain to make a significant investment in Africa with the acquisition of Protea Hotels for $210 million in 2014.
AHIF 2017: Africa’s hotel supply projected to grow 11 per cent
STR has highlighted Africa’s key hotel development and performance trends. Based on August 2017 data, Africa currently shows 301 hotel projects in the pipeline, accounting for 57,011 rooms, or 11 per cent of the continent’s existing room supply.
AHIF 2017: Nigerian hotels identified as most valuable on African mainland
Nigerian hotels are the most valuable hotels on the African mainland, according to the African Hotel Report 2017. Despite the economic problems experienced by the market in recent years that have seen values fall by 16.4 per cent in the last two years, average values are the third highest in all of Africa, behind only the Seychelles and Mauritius, according to David Harper of Hotels Partners Africa, the report’s author.
AHIF 2017: Agenda revealed for industry leading event
The influential Africa Hotel Investment Forum has unveiled the agenda for its 2017 conference, packed with contributions from industry leaders, that confirms its reputation as the leading event of its kind for investors and developers.
Economic benefits of Africa Hotel Investment Forum quantified
The significant economic benefits to host countries of the influential Africa Hotel Investment Forum have been quantified in an independent assessment by the international audit, tax and advisory experts, Grant Thornton.
AHIF 2016: Hilton to bring first modular hotel to Africa
Hilton Worldwide has marked this year’s African Hotel Investment Forum with the announcement of new properties and extensions in three African countries. It continues the company’s commitment to expansion across the continent as it seeks to double its footprint from its existing 39 hotels to more than 80 hotels in the next three to five years.