tim smith
Africa Traveler & Hotel Guest Sentiment Survey
Tim Smith | July 27, 2020
By Tim Smith COVID-19 has, and continues to, dramatically impact every aspect of our lives. At the time of writing globally there have been approximately 13.5M cases and 580,000 deaths. Almost every country has had restrictions placed on their daily lives. However, perhaps the most challenging aspect of the pandemic is the uncertainty. No-one knows how long it will go on for or when we will be able to start a meaningful recovery. The tourism and hospitality industry has been hit the hardest, airlines not flying, hotels not open, conferences postponed and no customers for restaurants and bars. It doesn’t matter the size or stre...
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...
2016 African Hotel Valuation Index
HVS | October 10, 2016
By Tim Smith, Tshepo Makhudu, & Laura Dutrieux, HVS Highlights Welcome to the third edition of the African Hotel Valuation Index (HVI). We are thrilled that the number of markets included in the study continues to grow. In the first edition we had 14 cities, that grew to 18 last year and this year it has increased again to 21 cities in 16 different countries. A 50% increase in markets in such a short space of time is indicative of the ever increasing interest in the African hotel market. Moreover, and equally importantly it also illustrates an improved transparency and increase in data across the continent. CHART 1: TOP AND BOTTOM T...