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Nigeria, Senegal And Cape Verde Dominate the West African Hotel Pipeline with 77% of the Total Planned Hotel Rooms
API Events | November 14, 2017
W Hospitality Group's 2017 Hotel Chains Pipeline report shows that hotel groups need to tackle lengthy development periods in West Africa JOHANNESBURG, South Africa, November 14, 2017 -- West Africa has been at the heart of the continent's growth and economic transformation in recent years. Notwithstanding the sharp slowdown experienced in 2016 and 2017, the region's economy is expected to rebound in 2017 onwards. Commodity-based economies, like Nigeria, are slowly recovering from the fall in oil prices and oil production, while countries like Côte d'Ivoire, Mali, and Senegal have shown economic resilience and sustained growth. As...