Tag Archives: hotel
Political instability might have impacted the hospitality and tourism sector in Ethiopia but the diplomatic country of Africa stands resilient to the challenges set before her. Ghana’s Accra, being listed as one of the most expensive cities in Africa, is attracting more visitors than anticipated. Real estate development is booming while the city flourish as a vacation and business hub for many travelers. The 7th edition of the PwC Hotels Outlook: 2017 – 2021 report establish Ethiopia and Ghana as countries with a brighter outlook in the hotel industry – both countries are increasingly growing in the number of international hotel brands.
50% of all African countries saw hotel values rise at a greater rate than any other property investment class over the last 2 years
David Harper FRICS, the Head of Property Services for Hotel Partners Africa, a leading hospitality consultant for sub-Saharan Africa, has announced that the African Hotel Report 2017 will be launched at AHIF in October. This biennial publication is a comprehensive report regarding the hotel market in Africa, covering 44 countries. It analyses how hotel values have changed across the continent, as well as reporting on key trends.
The significant economic benefits to host countries of the influential Africa Hotel Investment Forum (AHIF) (www.Africa-Conference.com) have been quantified in an independent assessment by the international audit, tax and advisory experts, Grant Thornton. The total contribution to African economies is estimated at $16.8 million and since inception, it is estimated that AHIF has been responsible for deals cumulatively worth over $4billion.
Hotel development activity in Africa is still rising in the face of the continent’s economic problems, showing a 13 percent increase in 2017, according to the annual survey by W Hospitality Group, generally acknowledged as the most authoritative source on the sector’s growth.
Kenya has recorded steady growth in the Meetings, Conference, and Incentives industry, per a recent report by the Kenya Tourism Board (KTB). In 2016 alone, the MICE industry accounted for 13% of total international tourism arrivals; mostly consisting of business travellers. In 2015, the sector welcomed 117,630 tourists, recording a remarkable 14% increase on 2014 and marking a total contribution of 15.6%, of the total international arrivals for the year.
South Africa’s Professor Jonathan Jansen To Be Honored At Awards Gala In New York City, June 3, 2013
NEW YORK /PRNewswire/ — Professor Jonathan Jansen , the Vice-Chancellor and Rector of the University of the Free State in South Africa who helped turn the university away from its apartheid legacy into an institution that is truly representative of what South Africa stands for, is set to receive the Education Africa Lifetime Achievement Award for Africa at a gala by the same name on Monday, June 3, 2013, at the Mandarin Oriental Hotel in New York City.
Magazine Readers Vote Luxury Line #1 of All Large Ships
THE AfDB Gender Forum « Changing the state of Gender Equality in Africa » Ramada Plazza Hôtel Gammarth, Tunis-Tunisia, May, 10 2013
The First Property for The Leader in Luxury Hospitality in The Kingdom’s Capital