Egypt and Morocco lead African hotel development pipeline - News Summed Up

Egypt and Morocco lead African hotel development pipeline


Egypt and Morocco are the top two African countries for hotel room development pipelines, according to a new report. Egypt currently has 85 hotels in its pipeline, comprising 21,281 rooms in total, while Morocco has 50 hotels in the pipeline, comprising 7,209 rooms, according to the survey by the W Hospitality Group with the African Hospitality Investment Forum (AHIF). Of Egypt’s hotels, 28.9 percent are under construction, while 77.4 percent of Morocco’s hotels are under construction. The report noted that 80,291 hotel rooms are being planned or constructed across the continent, but that there had been a reduction in development in sub-Saharan Africa. Cape Verde has seen an increase in planned hotel rooms, but Nigeria, Ethiopia, Kenya and South Africa have all seen a reduction.


Source: The North Africa Journal June 10, 2022 11:12 UTC



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