trevor ward
COVID-19 Threatens to Ruin a Record Year for Africa’s Hotel Developers
W Hospitality Group | June 17, 2020
LONDON, United Kingdom, June 17, 2020 - African hotel development had returned to growth at the start of 2020, with more than 78,000 rooms in 408 hotels in the pipeline, according to the 12th annual survey by W Hospitality Group, acknowledged as the industry’s most authoritative source. However, the COVID-19 outbreak is now shattering the dreams of Africa’s hotel industry. W Hospitality Group’s Managing Director, Trevor Ward, said: “The growth of the chains’ presence in Africa has been a very positive story since we started this analysis in 2009. It is quite clear from the numbers that the chains, the developers, the investors â€...
Africa: On a Rollercoaster Ride
Trevor Ward | March 1, 2018
By Trevor Ward Towards the end of 2017, we witnessed the end of an era (a very long one) in Zimbabwe, as a soft revolution ousted President Robert Mugabe, and brought in Emmerson Mnangagwa. Shortly afterwards, we saw the election of Cyril Ramaphosa as the leader of South Africa's ruling African National Congress (ANC), on course to become the country's next president. Elections are very important for the hospitality industry in Africa, as political power tends to be more centralized than in more mature democracies and major shifts are not uncommon. Investors – those who stay in hotels, and those who invest in them – need sta...