May 27, 2018

Nigeria tops hotel development in Africa

Nigeria tops hotel development in Africa

The number of planned hotel rooms in Africa has soared to 64,000 in 365 hotels, up almost 30% compared with the previous year, according to new figures from the annual W Hospitality Group Hotel Chain Development Pipeline Survey.

The report however showed that Nigeria remained the country with the most rooms in the pipeline, as it rose by 20 per cent in 2015.  Together with Angola, the two countries accounted for 17,782 rooms between them, almost 30 per cent of the total rooms under construction and 40 per cent of the signed rooms in the continent.

A major shake-up in the rankings by country saw Angola, which was never before listed among the top 10, push Egypt out of second place, due to a major deal signed by AccorHotels.

The W Hospitality Group survey is published ahead of the African Hotel Investment Forum (AHIF), which is organised by Bench Events. Read more

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