31 Jan 2023

Africa's hotel and hospitality sector growth to boom in 2023 - report

Travel and tourism are firmly on the agenda in Africa for 2023, according to a new report on the hotel and hospitality sector, launched by dmg events and Moore, which shows a faster post-pandemic recovery than anticipated...

The 2023 Hotel and Hospitality Industry Confidence Index is aimed at understanding the trends, challenges and perceptions facing the industry. Participants from 17 African countries in the hotel and hospitality market were surveyed and overall, feel optimistic about the prospects of the sector.

"The survey paints a picture of a sector that’s largely positive in its outlook, and that’s looking to find fresh routes to traveller engagement and new ways of building traveller experiences," says Evan Schiff, portfolio director at dmg events.

Even with the challenges facing the sector, almost 82% of respondents were positive about the next six months, while 90% felt positive about the sector over the next one to two years.

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Source: Bizcommunity