African hospitality Archives - AfricaBusiness.com

20Aug

By Africa BusinessNo Comments

Africa Travel

Global tech company sets sights on Africa’s untapped potential in online booking

After establishing a strong presence in South Africa over the past two years, global booking platform Profitroom has announced it is accelerating its expansion across the continent with a hyper-localised strategy to empower hotels across Africa. Leading this charge is newly appointed Regional Director for Africa, Leigh Myles, a 25-year hospitality veteran with a deep understanding of the region’s nuances. Under Myles' leadership, Profitroom aims to achieve a 40% market share in South Africa by 2026, while expanding into key Sub-Saharan markets like Kenya, Tanzania, Botswana, Mauritius and Namibia. The company has set an ambitious goal of onboarding 500 new properties and driving a 65% growth in total ARR (Annual Recurring Revenue) by 2026. "Africa represents a tremendous opportunity f...

Second edition of Hospitality Confidence Index highlights a thriving tourism sector in Africa

In the run-up to the seventh edition of the Hotel & Hospitality Expo Africa in June, the African Hospitality Confidence Index 2024 shares top insights into the trends shaping the continent’s hospitality sector. “The latest Confidence Index paints a vivid picture of a vibrant, positive industry in which the majority, at 80%, of hotel, bar and restaurant operators, along with industry suppliers are looking to the future with growing confidence and optimism,” says Margaret Peters, Event Manager for Hotel & Hospitality Expo Africa at dmg events South Africa. “Many businesses have recovered from the pandemic and are entering a new growth phase encompassing greater technological development, increased access to financing and a focus on nurturing industry talent, whereby 55% of responde...

Resilience and collaboration among top themes at the sixth Hotel & Hospitality Show

The African hotel and hospitality market has immense resilience and potential. Recognising this and facilitating a platform for African hospitality to thrive, the Hotel & Hospitality Show, hosted by dmg and Kaoun took place at the Sandton Convention Centre last week to foster growth and collaboration within the sector. “The Hotel & Hospitality Show connects brands and bolsters networking opportunities across Africa’s hospitality market,” said Evan Schiff, Group Event Director at dmg events. “The turn out this year indicates confidence in the industry and the desire to keep doing business, better than ever.” Gugu Sithole, Chairperson of the Johannesburg Tourism Company discussed the drive to promote Johannesburg as a top destination in Africa, with a globally competitive edge. “If...