Pwc Africa Hospitality Outlook

Nigeria is principally a business destination with relatively little holiday tourism.Mauritius is principally a resort market with most travellers coming on holiday. Five-star hotels constitute a significant component of available rooms and total spending in Mauritius. Kenya attracts co-tourists and offers safaris and beaches, but is currently challenged by terrorism that is discouraging visitors. Nigeria will be the fastest-growing market over the next five years with a projected 22.6% compound annual gain. Total room revenue in South Africa rose 14.0% in 2013 and hotel-room revenue increased 14.6%. Kenya was the only country to decline during the past two years, the result of terrorist concerns that led to a drop off in tourism and decreases in stay unit nights

Pwc Africa Hospitality Outlook

Summary

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