ei Report: Cameroon Hotel Market

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 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 advice on hotels and other hospitality investments in Western Africa, please reach out to a member of the ei Advisory team.