africa tourism
Visitation Growth & Key Tourism Drivers in the MEA Region
Hala Matar Choufany | November 1, 2024
Tune in to Hala Matar Choufany's interview with Maya Hojeij on Bloomberg Alsharq discussing visitation growth and key tourism drivers in the region: International visitation has been staggering growth in 2024 and is expected to continue across the mid to long term; Investments in tourism infrastructure, notably airports and airlines, continue to play a key role in enhancing visitation growth and tourism appeal; Morocco, Egypt and Saudi offer good investment opportunities supported by government plans and major upcoming international events; Project delays and cancellations are not uncommon in emerging destinations and qua...
Latest 2018 Hospitality Figures Reveal Positive African Outlook
October 3, 2018
"Overall many key African hotel markets reflected a positive turnaround in tourism in the first half of 2018," says CEO of HTI Consulting, Wayne Troughton. "Though many of these markets continue to trade off a low base, the positive growth in room nights sold bodes well for future occupancy increases and hotel supply," he states. "On the whole, tourism to the African continent has proven resilient in the face of economic and political uncertainty, security risks, droughts and government and regulatory changes," he said. "The opportunities exist for this industry to enjoy further growth." African-based specialist hospitality, r...
Africa Opens Arms to Global Hotel Brands… and Tourism
Tim Smith | December 9, 2016
By Tim Smith The 'Africa rising' narrative might have become more complex recently, and taken a few knocks, but there's no doubt the continent is open for business where hotel development and tourism is concerned, writes Tim Smith. The strengthening of the rand against the pound and the dollar is unlikely to deter visitors to South Africa. Initial concerns that Brexit would stop Europeans from making long-haul trips have proved incorrect. That all 10 of the leading markets for tourists to South Africa have shown substantial increases in the number of visitors, according to Stats SA's latest Tourism and Migration report, is good news. It...
African Travel Spend Expected to Rise 24 Percent with African Union Passport Introduction in 2018
Sabre Corporation | November 28, 2016
Travellers from four countries – South Africa, Nigeria, Kenya and Egypt were surveyed, with those having flown in the past 24 months saying they would spend 24 percent more with the introduction of the passport JOHANNESBURG, South Africa, November 28, 2016 -- New research released by global travel technology provider, Sabre Corporation (www.Sabre.com), has revealed that African air travel spend is expected to rise 24% with the introduction of the pan-African passport in 2018. The new passport will enable African travellers to visit other countries on the continent without a visa. The comprehensive survey by Sabre aimed to uncover ...
Economic Factors that Influence Tourism in Africa
Josephine Wawira | April 29, 2016
By Josephine Wawira According to ADB's Africa Tourism Monitor 2015, global tourism has continued to grow prodigiously to 1.133 billion arrivals in 2014 – a 4.3% increase over 2013. The report further indicates that Africa saw 65.3 million arrivals, representing 5.8% of total international arrivals in 2014. With US$ 43.6 billion in receipts, Africa holds 3.5% of this market share. Tourism development is not only viewed as a key pillar for African development, but also as a major reflection of economic activities that directly or indirectly stimulate its growth. With vital contributors that influence tourism in Africa (both posi...
