hospitality figures
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...