Africa’s hospitality sector Archives

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...

11Feb

By Africa BusinessNo Comments

African News

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...

26Oct

By Africa BusinessNo Comments

South Africa News

How SA’s hospitality sector SMEs can plan for the festive season

Small businesses in the hospitality sector have their eyes firmly set on recovery, as the year slowly starts drawing to a close. There is still lots of hard work ahead, but recent developments such as the relaxation of lockdown regulations and the changes to international travel restrictions give a glimmer of hope for SME operators that work in the tourism and hospitality sector. In 2018, the travel and tourism sector made up nearly 3% of South Africa’s GDP and contributed to 4.5% of all employment in the country. This picture changed overnight when the pandemic shut down the economy in March 2020 as a global lockdown resulted in no visitors to our shores between April and September. Visitor numbers plummeted by a staggering 72.6%, dragging employment figures along with it. Jobs in the se...

ONOMO Hotels Group opens its first hotel in Kampala, Uganda consolidating its investment in East Africa

10Oct

By Africa BusinessNo Comments

travel, Uganda News

ONOMO Hotels Group opens its first hotel in Kampala, Uganda consolidating its investment in East Africa

This new hotel marks a milestone in the group’s growth in East-Africa, and brings its footprint to 22 hotels in 13 countries in Africa ONOMO Hotels Group continues its development in East Africa and opens its first hotel in Uganda. In line with the group’s strategy of opening hotels in the heart of iconic African cities, ONOMO Hotel Kampala is located in Kampala, economic beating heart of Uganda, on Nakasero Hill, the hotspot and preferred meeting place for entrepreneurs, businesspeople and shopping enthusiasts. “We are excited to welcome guests to ONOMO Hotel Kampala as an ideal destination for friends, families, couples and business travelers from all corners of the world looking to experience the vibrant and warm Ugandan hospitality, it’s rich culture and local artists, where every ...