Hotel development activity in Africa increases in the face of the continent’s economic problems, showing a 13% increase in 2017, new survey shows. The ninth edition of its Hotel Chain Development Pipelines in Africa has 36 international and regional contributors reporting almost 73,000 rooms in 417 hotels. By country, Egypt is in first place with the highest number of hotel rooms in the on-site construction phase. The report, along with all the challenges of developing new hotels in Africa will be discussed by industry leaders and government officials at the seventh Africa Hotel Investment Forum (AHIF) in Kigali, in October. In addition, more hotel chains established development offices on the continent, to address the fact that Africa is still massively under-provided with rooms.

Source: News Business Ethiopia June 01, 2017 11:26 UTC