10 African Countries Embracing Hotel Development Opportunities
SUMMARY – AFRICA IS RIPING IN HOTEL DEVELOPMENT, WITH EGYPT LEADING THE WAY FOLLOWED CLOSELY BY MOROCCO, NIGERIA, AND KENYA. THESE COUNTRIES, ALONG WITH OTHERS, OFFER AMPLE OPPORTUNITIES FOR BRANDS LOOKING TO EXPAND THEIR GLOBAL PRESENCE IN THE AFRICAN MARKET.
Africa has emerged as a promising market for hotel expansion, with developers recognizing the growing demand for hotel rooms in the region. Hilton, in particular, has established a dedicated office for hotel construction in Africa, emphasizing its commitment to enhancing its presence, especially in North Africa.
Recent data from the TOPHOTELPROJECTS database indicates a positive trend in Africa’s hotel construction pipeline. Currently, there are 336 ongoing hotel construction projects across various African countries. Upon completion, these projects will contribute 88,524 guestrooms to the African hospitality landscape. Consequently, it is crucial for brands to include African locations to ensure global reach.
Top 10 African Countries for Hotel Development
- Egypt: Leading the Way
Egypt takes the lead in new hotel construction projects, with 53 projects currently in progress.
- Morocco: Surpassing Expectations
Morocco, with 50 hotel projects under construction, is expected to surpass Egypt in the near future. Hilton’s decision to establish a development office in Casablanca further reinforces the country’s potential in the global hospitality industry.
- Nigeria: Regaining Momentum
With 34 projects in construction, Nigeria demonstrates a significant resurgence of interest in hotel development.
- Kenya: On the Rise
Kenya secures fourth place with 24 new hotel projects currently underway.
- Ethiopia: Expanding Hospitality
Ethiopia holds the fifth position, with 23 hotels under construction, illustrating its commitment to expanding its hospitality offerings.
- South Africa: Nature’s Delight
Renowned for its natural beauty, South Africa boasts 16 hotel projects, making it an attractive destination for outdoor enthusiasts worldwide.
- Algeria: Steady Progress
Algeria has 12 new hotels currently under construction, showcasing its steady progress in the sector.
- Cape Verde: On Par with Algeria
Tied with Algeria, Cape Verde also has 12 hotels in the construction phase, indicating its growing significance in the hotel development landscape.
- Tanzania: Embracing Growth
Tanzania secures the ninth spot with 11 hotel projects under construction, embracing the opportunities for growth in the hospitality industry.
- Tunisia: Finalizing the List
Lastly, Tunisia has 10 hotel projects underway, positioning itself as an emerging player in African hotel development.
In conclusion, Africa’s hotel construction sector is experiencing remarkable growth and attracting major hotel brands. With the right balance of opportunities and challenges, these ten countries present significant potential for hotel development, ultimately contributing to Africa’s ever-evolving hospitality landscape.
Related
Hotel pipeline down globally, except for Middle East & Africa(Opens in a new browser tab)
Egypt and Morocco lead African hotel development pipeline(Opens in a new browser tab)