The number new hotels in Africa is increasing significantly the annual W Hospitality Group Hotel Chain Development Pipeline Survey has revealed.
The Pipeline survey further states that the number of hotel rooms planned for construction in 2016 in Africa has soared to 64,000 in 365 hotels; this shows an increase of 30% over development activity last year and more than double the development pipeline in 2009.
This is especially noted in countries like Kenya, Angola, Nigeria and Egypt, which is due to the strong growth in sub-Saharan Africa which was up 42.1% in 2015 and is significantly outstripping North Africa which accomplished only a modest 7.5% pipeline increase this year.
Also, in the latest rankings by country, Angola is listed among the top 10 for the first time pushing Egypt out of second place, due to a major contract signed by AccorHotels.
“For business, trade and capital investment, Africa remains as an attractive proposition which continues to lead for demand for accommodation and other hospitality services,” Matthew Weihs, the MD of conference organiszer for Bench Events said.
In Kenya for example, City Lodge Hotels is still to construct a 169-room hotel in Nairobi projected to be operational in the second quarter of 2017.
Financial Director of Tune Hotels, Andrew Widegger said that construction of the group’s hotels in Dar es Salaam, Maputo, and Windhoek was expected to commence this year during the current quarter.
W Hospitality Group is the proud winner of the Ai Tourism Investment Advisor of the Year award.