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Opinion: International Sporting Events – Takeaways for Hotel Investors

There is no doubt hosting a major sporting event boosts the profile of the country and city. Who does not want to visit Rio after the recent FIFA World Cup and Olympics? However, these events are only for a few weeks and even allowing for a year of visits from sponsors and managers in the […]

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Africa featured at the Gulf & Indian Ocean Investors’ Summit

The Gulf & Indian Ocean Investors’ Summit is a hotel investment event designed for investors by investors.  The event was recently held in Abu Dhabi on February 6th and 7th, and featured industry players – owners, developers, advisory firms, as well as representatives from hotel companies such as InterContinental Hotel Group, Movenpick, Emaar Hospitality Group, Minor Hotel […]

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BON Hotels opens its latest hotel in Nigeria

Regional hotel operators, such as South African-based BON Hotels, are also doubling down on their expansion plans in Africa. The hospitality company owns and manages hotel properties across Africa, and recently opened its latest hotel in Abuja, Nigeria.  BON Hotels was started in 2012 and today operates hotels in South Africa, Nigeria, Namibia, Ethiopia and Uganda.  It operates […]

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JLL predicts increased hotel investment activity in Sub-Saharan Africa

Recent high-profile transactions in the Sub-Saharan hotel sector have industry experts predicting increased liquidity, leading to more open-market transactions in the future.  The landmark sale of the Movenpick Ambassador Accra demonstrated sophisticated investment strategies, and increased regional and international investment interest.  Where the few hotel transactions may have been kept closed in the past, there have been major […]

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The Pearl of Africa gets a Pearl of Africa Hotel

The Rezidor Hotel Group just announced a new addition to the growing list of properties it operates in Africa.  The Pearl of Africa Hotel Kampala will open in the second quarter of 2017, under the group’s luxury Quorvus Collection. Rezidor launched the Quorvus Collection brand in 2014 to compete on the lines of Marriott’s Autograph Collection […]

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Zanzibar Mixed-Use Development to include Anantara Resort

Anantara Hotels, Resorts & Spas, a Thailand-based operator of luxury hotels, resorts and spas, recently announced the development of a new resort on the Tanzanian archipelago of Zanzibar.  This will be a first for the brand in Tanzania.  The resort will be located north east of Zanzibar as part of Zanzibar Amber Resort, the larger mixed-use development. […]

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Spotlight on Abidjan

Abidjan is the economic capital of Ivory Coast, and the Francophone West Africa region.  With an estimated metro population of over 5.1 million, it is also the most populous Francophone city in West Africa.  The civil war between 2002 and 2007, and the 2010 presidential election crisis had serious negative impact on the city’s economy, and […]

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Zanzibar Mixed-Use Development to include Anantara Resort

Anantara Hotels, Resorts & Spas, a Thailand-based operator of luxury hotels, resorts and spas, recently announced the development of a new resort on the Tanzanian archipelago of Zanzibar.  This will be a first for the brand in Tanzania.  The resort will be located north east of Zanzibar as part of Zanzibar Amber Resort, the larger mixed-use development. […]

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Kingdom Holding Company sells Movenpick Ambassador Hotel Accra

January 2017 has been a particularly busy month in Ghana so far, and the recent announcement of a transaction involving the Mövenpick Accra has added to the activity.  The sale of the 260-room Mövenpick Ambassador Hotel, which opened in 2011, is the largest open-market hotel transaction in sub-Saharan Africa to date. Kingdom Holding Company (KHC), the […]

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Looking back on 2016: Notable moments in African hospitality and travel

2016 was a memorable year for the world as a whole – the deaths of so many greats, the rise of populism in the West – and for us in Africa, elections, economic challenges and headwinds.  Economic recession in many of the continent’s bigger markets framed the story for their hotel and travel industries…depressed commodity values, foreign exchange […]

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