Africa: Hotel Association directs members to remit consumption tax to Lagos state government

Hotel Owners And Managers Association of Lagos state, the umbrella body of hotel operators in the state, has issued a directive to all its members to henceforth collect and remit the Hotel Occupancy Restaurant Consumption tax to the Lagos State Government in obedience to a recent court judgement. The body also directed its members to stop charging Value Added Tax, […]

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News: 700 New Hotel Restaurants and Bars will be opened in Africa by 2025

Marriot hotel

A new study released at the Africa Hotel Investment Forum (AHIF) by food and beverage (F&B) strategy & design firm KEANE forecasts that 700 new hotel restaurants and bars will be opened in Africa by 2025, in internationally branded hotels. The prediction is based on KEANE’s research into 410 F&B venues across the 100 internationally branded hotels in the major […]

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Tourism: 7th Hotel show East Africa changes date

hotel

The 7th Hotel Show Africa 2019, which is fondly called Hospitality and Tourism International Investment Tradeshow scheduled to hold from June 20-23, 2019 has been postponed to June 27-30, 2019 to due forcemajore. Kumneger Teketel WG, Founder and Manager, Hotel and Mice show, said the shift in date was regrettable, saying “OZZIE sincerely regret any Inconvenience this date change causes. […]

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

jumia, hotel Omolara

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

Airbnb hotel

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

hotel

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

hotel

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.

accorhotels hotels

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

south hotel Saudi

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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