Hotel pipeline reveals growth in African markets
Research by W Hospitality Group has revealed the choice of planned new hotel rooms within the hotel development pipeline in Africa has increased by 16 per cent on last year, which was itself 12 per cent up on 2011. This is predicated on a sample of 29 international hotel chains, with 59 brands between them, and analyses deals that they have got signed with owners. As in previous years, the detail behind the headline shows a definite tale of 2 Africas. In north Africa, the event pipeline grew by nine per cent, from 17,217 planned new hotel rooms in 2012 to 18,782 rooms in 77 hotels in 2013. In sub-Saharan Africa, however, the chains’ pipeline now stands at 21,052 rooms in 130 hotels, up from 17,109 rooms in 100 hotels...
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