The hotel sector in sub-Saharan Africa has evolved during the past decade due to high demand growth, entrance of new global brands and increasing supply in major markets. This is the overview presented by Xander Nijnens, executive vice president, Hotels & Hospitality Group, JLL sub-Saharan Africa, during AHIF 2017.
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.
Rene Bernard Beil, managing director, Beaufort Global Partners, speaks to Breaking Travel News about the African hospitality market during AHIF 2017 in Kigali, Rwanda.
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.
Founder Jon Howell has welcomed over 100 industry leaders to Rwandan capital Kigali for AviaDev 2017. Taking place at the newly built Kigali Convention Centre, the event is the only dedicated air service development event for Africa, taking place on the African continent in 2017.
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.
In August 2017, the foundation stone for Bugesera Airport, Rwanda, was laid by president Paul Kagame. Here Breaking Travel News chats with Maciej Michalekm, managing director at Mota-Engil, the builders behind the project, to find out more.
An analysis of seat capacity for travel to the top ten international airports in Africa, produced by ForwardKeys, reveals that Lagos is seeing substantial declines in both domestic and international capacity. The trend is mainly attributable to Arik Air, with the domestic carrier cutting 53 per cent of its seats for the rest of 2017.
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.
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.