In April 2016, figures from W. Hospitality Group’s Hotel Chain Development Pipeline Survey showed that 365 new hotels were under construction – adding 64,000 new rooms. Across most of the Gulf (with the exception of Bahrain), visiting executives almost always interface with expat workers in the hospitality sector. The acquisition is a prime example of how private equity investors can take advantage of Africa’s burgeoning hospitality sector. Education firstThe hospitality sector and its role in the value-chain is not merely a necessary accompaniment to economic growth or an afterthought to infrastructure development. This is how Africa’s hospitality sector should mature and where it has the capacity to add great value to wider socio-economic growth.

Source: The North Africa Journal March 21, 2017 10:18 UTC