Africa’s Hospitality Sector Prime with Foreign Investment Opportunities

PwC | August 16, 2017

JOHANNESBURG, South Africa, August 16, 2017/ -- The hospitality sector in Africa's emerging markets looks set to profit from foreign investment and an influx of foreign travellers. The emerging markets are set to post faster growth in revenue than their counterparts in developed countries, making them integral to the expansion strategies of some of the world's leading hotel developers. Pietro Calicchio, Hospitality & Gaming Industry leader for PwC Southern Africa (www.PwC.co.za) says: "The growth potential of Africa is high mainly because of the rapid economic growth in some economies, a growing middle class and an increase in visit...