Africa: Four And Five-Star Hotel Bookings Peaked During Black Friday – Jumia MD

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Jumia’s Hotel & Flight Marketplace has announced that booking for four and five-star hotels peaked during the just concluded Black Friday which ran between November 2nd and November 30th, 2018. The Managing Director of Jumia’s Hotel & Flight Marketplace, Omolara Adagunodo made this announcement during a press conference held at Krispy Kreme, Victoria Island, Lagos, to review the outgoing year […]

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News: Global hotel chains plan expansion in Francophone Africa

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The facts and figures behind an unprecedented hotel expansion in Francophone Africa are revealed in the latest research by W Hospitality Group, the international experts in hotels, tourism and leisure based in Lagos, Nigeria. W Hospitality Group’s hotel development pipeline analysis shows that more than 30 per cent of the current total Africa pipeline – both pre-construction and on-site – […]

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News: Top 10 hotel groups in Africa

accorhotels hotels

More than 134mn international tourists are expected to travel to Africa by 2030, according to the World Tourism Organization. Business Chief looks at the 10 largest hotel groups in one of the world’s fastest growing tourism markets. 10. Hyatt Hotels Group – 6 hotels, 4 countries Hyatt Hotels owns six hotel brands across Egypt, Morocco, South Africa and Tanzania. In […]

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News: Hotel revenues and growth in South Africa, Nigeria, Mauritius, Kenya, and Tanzania

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This month, PricewaterhouseCoopers (PwC), released a report titled “Hotels Outlook: 2018-2022: South Africa – Nigeria – Mauritius – Kenya – Tanzania,” outlining the key trends, challenges, and future prospects for the hotel industry in these countries. Overall, these countries have mostly seen increased revenue and are projected to see more in the future. Overall, hotel room revenue in the select […]

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Africa: Hotel embarks on “Refuse the Straw” campaign to commemorate 2nd anniversary

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Patrons of the CaranaBeach Hotel on Mahé are being asked to safeguard the ocean and its inhabitants, each and every time they order a drink. And they’ll do so by refusing to drink from a straw. Or at the very least, by enjoying the use of a biodegradable version supplied by the hotel. CaranaBeach launched a “Refuse the Straw” initiative […]

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Africa: Accorhotels group set to buy Movenpick Hotel chain for $566m.

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Hospitality giant AccorHotels has agreed buy Swiss hotel chain Mövenpick Hotels for CHF560 million ($566.4 million). The transaction is subject to regulatory approvals and is expected to be completed in the second half of 2018. Mövenpick Hotels & Resorts, which was established in 1973 as an extension of Mövenpick Restaurant Business, has since expanded its international presence and today operates […]

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News: Lagos and Accra leads African cities in Occupancy rates and hotel growth in 2017

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The continent continued to attract new regional and global investment, whilst economic and political events, currency shifts and fluctuating tourism demand brought both risks and rewards to hotel markets across the region. “Both upward and downward trends were noticeable across the continent in 2017, with more positive conditions in West Africa as oil economies geared up in response to a […]

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Tourism: 299 Hotel Projects in Africa will deliver 55,094 new rooms

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As many as 580 hotel projects with 166,774 rooms are under contract in the Middle East and 55,094 rooms in 299 projects are under contract in Africa, according to STR’s October 2017 Pipeline Report. Under contract data includes projects in the in-construction, final planning and planning stages but does not include projects in the unconfirmed stage, STR said. The under […]

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Africa: Increased flights raise hotel occupancy by 25% at Victoria Falls

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Hotel operators in Victoria Falls are reporting a better-than-expected half year profit and raising their earnings forecast for the year, helped by a boost in business travel following a recently commissioned $150 million international airport. This comes after Kenya Airways and Ethiopian Airways in April introduced direct flights to Victoria Falls from Nairobi and Addis Ababa respectively, attracting increased air […]

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African Hotel occupancy rises as Middle East falls in Second Quarter 2017

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The hotel industry in the Middle East reported nearly flat results during the second quarter of 2017, while hotels in Africa recorded growth across the three key performance metrics, according to data from STR. Occupancy levels in the Middle East slipped 0.1 per cent to 62.4 per cent and average daily rate (ADR) made a negligible increase of 0.8 per […]

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