Africa Hospitality Investment Forum
Egypt and the Big 5 Dominate Hotel Development in Africa
the Africa Hospitality Investment Forum (AHIF) | March 26, 2024
LAGOS, Nigeria, March 26, 2024/ -- When it comes to hotel development across Africa in 2024, just five words tell the story, “Egypt and the Big 5”. In this context, “the Big 5” does not refer to Africa’s major wildlife attractions, (lion, leopard, rhinoceros, elephant and buffalo) but to the global hotel chains – Accor, Hilton, IHG, Marriott International and Radisson Hotel Group. This year’s African Hotel Chain Development Pipeline report, widely acknowledged as the industry’s most authoritative source, documenting and analysing the number of hotels being planned and built across the continent, reports a market share of 28% ...
Africa Hotel Development: It’s Egypt, Morocco, Accor & Marriott
W Hospitality Group | June 6, 2022
TAGHAZOUT, Morocco, June 6, 2022/ -- Just four words are needed to sum up the main findings of this year’s African hotel chain development pipeline survey conducted by W Hospitality Group, in association with the Africa Hospitality Investment Forum (AHIF); those words are Egypt, Morocco, Accor and Marriott. This year’s annual survey, which is widely acknowledged as the industry’s most authoritative source, has, as of Q1 2022, a record 42 global and regional (African) contributors, reporting on a pipeline of hotel development activity totalling around 80,300 rooms in 447 hotels, in 42 of Africa’s 54 countries. Looking first at th...
