ahif
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...
Hotel Development in Africa Jumps 30% to 64,000 Rooms
W Hospitality Group | April 13, 2016
LONDON, United Kingdom, April 13, 2016 -- The number of planned hotel rooms in Africa has soared to 64,000 in 365 hotels, up almost 30% on the previous year, according to new figures from the annual W Hospitality Group Hotel Chain Development Pipeline Survey. The increase is largely down to strong growth in sub-Saharan Africa, which is up 42.1% on 2015 and is significantly outstripping North Africa which achieved only a modest 7.5% pipeline increase this year. A major shake-up in the rankings by country saw Angola, never before listed among the top 10, push Egypt out of second place, due to a major deal there signed by AccorHotels. The ...
Hilton Heads Hotel Development Boom in Africa
W Hospitality Group | June 25, 2015
The findings of this year's Hotel Chain Development Pipeline Survey, produced by Lagos-based consultancy W Hospitality Group (http://w-hospitalitygroup.com), show that Hilton is leading the race to develop new hotels in Africa with 7,250 rooms in its pipeline, spread over 29 new properties, 18% up on the previous year. Hot on its heels is Carlson Rezidor, with 6,953 new rooms in development spread across 32 hotels. Marriott is in third place with 6,412 rooms in its pipeline spread over 36 new properties, 22% up on 2014. If one creates a ranking not by number of rooms but instead by the number of hotels, Marriott would take the top spot ...
