Hotel Intel – Real Estate Market Data and Research for Nigeria and other African Countries | estate intel

Hotel Intel

September 18, 2017

2017 African Hotel Valuation Index

HVS, a global hospitality consulting and services firm, launched the fourth edition of its African Hotel Valuation Index (HVI) during the recent THINC Africa event.  The HVI is key in assisting investors in making investment decisions and promoting hotel development in Africa. In […]
September 7, 2017

THINC Africa 2017 – Day Two

The second day of THINC Africa commenced with a discussion of the global hotel market context, presented by Stephen Rushmore Jr (CEO, HVS). Key takeaways from this session were that hotel investors, lenders, and management companies have become more sophisticated […]
September 7, 2017

THINC Africa 2017 – Day One

The second edition of the Tourism, Hotel Investment & Networking Conference (THINC) Africa was held on 30 & 31 August in Cape Town, South Africa.  It was a well-attended and deep-diving hotel and tourism industry event hosted by HVS, a […]
August 1, 2017

Exploring Hotel Management Agreements in the African Context

A hotel management agreement is an arrangement in which a hotel’s owner contracts with a management company, or operator, to run the hotel.  According to this hotel management contract overview published by HVS, the management company, or operator, typically assumes […]
July 9, 2017
Development: Protea Hotel Select Owerri, Imo - Nigeria. Image Source: HOS Consult

Development: Protea Hotel Select Owerri, Imo – Nigeria

Name: Protea Hotel Select Owerri; Developer: Capital Alliance Property Investment Company (an African Capital Alliance managed fund); Location:Plot H/1 Nekede Pocket Layout New Owerri, Protea Road Owerri  Nigeria; Use: Hotel; Keys: 90+; Project Team: O’Spaces Nigeria Limited, HOS Consult; HVAC Contractor: […]
July 7, 2017
Hilton Expects to Become First Internationally Branded Hotel in Niger by 2019. Image Source: Hilton

Hilton Expects to Open First Internationally Branded Hotel in Niger by 2019

Hilton is set to welcome its first guests in Niger in 2019 after signing a management agreement with Niamey Hotel & Suites Niger Ltd for a 142 guest room property in its capital city of Niamey. Located at Rue des […]
June 19, 2017
Construction Starts at 45 Floor Hilton in Upper Hill Nairobi. Image Source: Hilton

Construction Starts at 45 Floor Hilton in Upper Hill region of Nairobi

Jabavu Village and White Lotus Projects recently broke ground for the construction of a 45-floor Hilton in Nairobi’s Upper Hill region. The 255-guest room and suite hotel is set to open in 2020 and joins 50 Hilton Hotels & Resorts […]
June 4, 2017
Park Inn by Radisson, Kiyovu, Kigali - Rwanda. Image Source: Park Inn

Kigali Welcomes Its First Park Inn By Radisson Hotel

The Rezidor Hotel Group debuted its Park Inn by Radisson in Kigali, Rwanda late last month, marking their 5th hotel in the East African region. The group’s African & Indian Ocean portfolio now stands at 36 hotels and 16,600+ rooms in operation […]