Tag Archives: tourism
Based on available data for Africa, growth in 2017 is estimated at 8%
Southern and Mediterranean Europe, North Africa and the Middle East drive tourism growth through October 2017
Africa (+8%) was the second fastest-growing region over this period, thanks to a strong recovery in North Africa (+13%) and the sound results of Sub-Saharan Africa (+5%)
“Terrorism is an unfortunate “fact of life” that has plagued society throughout the whole of the last two millennia. However, in recent years an increasing number of attacks, across a wider part of the world, have led to a changing dynamic in relation to the impact of such attacks. Since January 2015 there have been, on average, two terror attacks and fifteen people killed every day, and that is excluding terror attacks in warn torn countries like Iraq, Syria and Afghanistan. And yet you are still 5 times more likely to die from falling out of bed than a terror attack”, said David Harper.
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.
With diminutive effect from the elections anxiety, Kenya’s tourism sector has withstood the pressures of uncertainties that resulted to some tourists having to hold their travel plans. As one of the most volatile sectors, tourism stakeholders remain obliged to Kenyans for choosing peace during a considerably fraught time. This, according to Cyrus Onyiego, Jumia Travel’s Kenya Country Manager, is a factor that has saved the industry a major blow as compared to previous election periods.
To invest means to allocate money or a resource for a particular activity with the expectation of some benefit in the future. In other words, using money or resource to make more money or gain more resources. An opportunity on the other hand refers to the right time to take an action or pursue a course in view of getting the most maximum outcome. An investment opportunity is therefore the right time to allocate money or a resource so as to benefit from it in the future. Before one invests in a product or service, one must first know what and where to invest in. In other words, to be able to get returns in the future, one must invest in sectors that are thriving. In Ghana, these are “hot cake” areas that will be yielding the best returns for current investors:
African governments should make it easier and safer for Africans to travel within the continent, the United Nations said in a new report released today, noting that tourism demand there is increasingly driven by Africans themselves.
Jumia Travel & Accor Hotels give insights into Africa’s Hospitality Industry, 2017
With over one million tourists per annum, Namibia is known globally as a top ecotourism destination and it’s a sector that’s growing as evidenced by the 5% year on year growth in international traffic into Namibia.
Although the vision to unify Africa has been heard for long; the continent remained highly disconnected hampering travel and other economic unities that might support the continent development initiatives. Still, the continent citizens do not find it easy to travel within the continent due to price and time taking travel requirements.