At estate intel, we enjoy supporting African real estate investors through data-driven analysis to ensure they make the right decisions. We have published a report on the Cameroon Hotel Market to help potential investors, operators, and other interested parties understand the nature of the market there better. Highlights from the report:
Douala, the commercial capital of Cameroon, houses major hotel districts including Bonanjo – home to administrative and commercial buildings, Bonapriso – district for diplomatic missions and high-end residential buildings, and Akwa – the commercial hub of the city. The two international brands operating in the city are concentrated in the Bonanjo district.
There are currently only three internationally branded hotels in Cameroon – the Pullman, Ibis and the Hilton Yaoundé – and there are also high-end hotels owned by local investors. The latest major addition was the Star Land Hotel, Douala, which opened in 2013. There is only one 5-star hotel in the country – Hilton Yaoundé.
There are at least 600 branded rooms are in the development pipeline that are planned to come into supply over the next 3 years. These projects are all located in Douala, however we foresee low completion rates due to various factors, such as high capital costs.
Hotels in Cameroon are predominantly owned by a combination of HNIs, family businesses and government agencies.
For more advisory on hotels and other hospitality investment in Western Africa, please reach out to a member of the ei Advisory team.
Download our report here.