Demographics are shaping the investment attractiveness of Africa’s hotel sector Published by Mthuli Ncube on 18 October 2017 This rise of a substantial middle class across Africa brings at the same time an insatiable taste for modern infrastructure and consumption.
Quantum Global’s Hotel Fund acquires Mövenpick Ambassador Hotel Accra Published by Press Office on 10 January 2017 The transaction marks the most sizable open-market hotel transaction in sub-Saharan Africa to date.
Strong need for professional hotels in Africa, says Swiss International Published by Dinfin Mulupi on 18 April 2016 ‘We believe there is a shift in the world, which we all know about theoretically, but we now feel it in practice.’
Ethiopia has undersupply of branded hotel chains Published by Jaco Maritz on 26 October 2015 Hotel operators could benefit from Ethiopia’s growing tourism sector, rising business travel and Addis Ababa’s position as the continent’s diplomatic capital.
Jovago hopes to make online hotel bookings the norm in East Africa Published by Dinfin Mulupi on 4 August 2014 How we made it in Africa talks to Estelle Verdier, head of hotel booking site Jovago in East Africa.
Investor behind CityBlue Hotels sees gap for African mid-market hospitality brand Published by Dinfin Mulupi on 29 April 2014 Dubai-based investor plans to roll out CityBlue Hotels across continent.
Being a first-mover: Opportunities in Africa’s hospitality industry Published by Kate Douglas on 18 March 2014 Investors are seeing potential for hotel and property development in post-conflict and frontier markets.
Opportunity to invest in hotel close to Mozambique’s booming mining industry Published by Promotional Feature on 25 June 2013 For sale: Approved CPI hotel development site on 30 ha located on the shores of Cahora Bassa, Tete Province, Mozambique.
New Radisson hotel set to open in Lagos Published by Claude Harding on 26 April 2011 A new 125 room hotel in Lagos’ busy port precinct of Apapa is set to open its doors in the first quarter of 2013.
Southern Sun takes over operations of Nairobi hotel Published by Dinfin Mulupi on 19 August 2010 African hotel group, Southern Sun, has taken over operations of the Holiday Inn Nairobi, re-launching the city hotel as the Southern Sun Mayfair Nairobi.
Botswana hotel operator to list on stock exchange this Monday Published by Staff Writer on 24 June 2010 Cresta Marakanelo Limited, Botswana’s largest hotel operator, will commence its listing on the Botswana Stock Exchange this Monday (June 28) following the country’s widest and biggest truly public offering of shares to date.
Hotel operator books its place on Botswana Stock Exchange Published by Staff Writer on 27 May 2010 Cresta Marakanelo, Botswana’s largest hotel operator, is on track for a 17 June listing on the Botswana Stock Exchange judging by enthusiastic public response to the sale of 62,9 million shares in the company by Botswana Development Corporation.
