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13 April 2016
Hotel development in Africa up 30%
The number of planned hotel rooms in Africa has increased to 64 000 in 365 hotels, up almost 30% on the previous year, according to new figures from the annual W Hospitality Group Hotel Chain Development Pipeline Survey.
The increase is largely due to strong growth in sub-Saharan Africa, which is up 42,1% on 2015 and is significantly outstripping North Africa, which achieved only a modest 7,5% pipeline increase this year.
A major shake-up in the rankings by country saw Angola, never before listed among the top 10, push Egypt out of second place, due to a major deal there signed by AccorHotels.
Read the full story in here.