(Posted 03rd August 2022)
Courtesy of Matthew Weihs, The Bench and W Hospitality’s Trevor Ward
|REPORT: HOTEL CHAIN DEVELOPMENT PIPELINE IN AFRICA 2022 |
The annual W Hospitality Pipeline Report covers the 54 countries in Africa, comprising North Africa (Morocco, Algeria, Tunisia, Libya and Egypt), sub-Saharan Africa and the Indian Ocean islands (Seychelles, Mauritius, Comoros and Madagascar), and
provides consistent, reliable and comparable data on the development pipeline activity of the hotel chains who are operating in Africa, and those who are seeking to enter the continent for the first time.
|This year reporting shows a pipeline of hotel development activity totaling around 80,300 rooms in 447 hotels, in 42 of Africa’s 54 countries. |
Looking at the number of rooms physically under construction, Morocco and Egypt are ahead of the pack, with 5,577 and 6,142 rooms respectively.
They are followed by: Ethiopia, 3,871; Cape Verde, 3,016; Nigeria, 2,544; Kenya, 2,450; Algeria, 2,337; Tunisia, 2,280; South Africa, 1,948 and Senegal, 1,919.
In Tunisia, Kenya and Morocco, over ¾ of the pipeline is “onsite”, whereas in Egypt, 71% is just at the planning stage, reflecting its relatively “young” pipeline (a lot signed in the last 3 years).
|We spoke with Trevor Ward, Managing Director, W Hospitality Group in an insight-packed podcast to get detailed analysis on his finding and crucial information developments in the hospitality sector in Africa.|
|Trevor Ward will be discussing this report in more detail at the Africa Hospitality Investment Forum on 2-4 November 2022, Morocco, the annual meeting place for the region’s most senior hospitality investors, developers, operators and advisors. |
Register today and save $300:
|The Bench, The White House, 2 Meadrow Godalming, Surrey, GU7 3HN, United Kingdom|