wayne troughton
Africa’s Hospitality Market: 2016 Year in Review
Wayne Troughton, CEO, HTI Consulting | April 18, 2017
by Wayne Troughton, CEO, HTI Consulting The year 2016 was a busy and interesting one for the African hotel market. Hotel investment in Africa made progressive strides, with new hotels launched in new countries and cities across the continent and economic and political events, currency volatility and fluctuating tourism demand bringing both challenges and opportunities to hotel markets across the region. African-based specialist hospitality, real estate and leisure consulting company, HTI Consulting, here provide a brief summary of the top five and bottom five performers across 13 African cities for 2016, as indicated by STR Global. Occu...
South Africa Seeing Growth in Mixed-Use Hospitality Investment
Wayne Troughton | March 13, 2017
By Wayne Troughton, CEO, HTI Consulting Diversifying into more than one property sector is not new in the South African context, but it's a growing trend that's impacting the hotel pipeline. Nowadays we're increasingly seeing investors who weren't traditionally interested in hotels now investing in this asset class and, whilst mixed-use developments are by no means a new concept in South Africa, it's certainly interesting to note the upswing in mixed-use hospitality investment. As a trend, it's allowing developers and investors to diversify portfolios, spread risk and, in many cases, deliver significant added val...