Algiers, Algeria
Blu hotels in Abidjan, Libreville, Lomé and Marrakech. Further Radisson Blu properties open this year in N’Djamena (Chad) and Algiers, in Abuja and Conakry (Guinea) in 2017, and in Cotonou (Benin) in 2018.
While Intercontinental Hotel Group’s expansion plans are currently centred on Asia, Starwood Hotels and Resorts’ Africa pipeline includes Sheratons in Annaba (Algeria) and Conakry later this year; Nouakchott (Mauritania), Dakar (Senegal), Juba (South Sudan) and Bamako (Mali) in 2017; and Kigali (Rwanda) in 2018. Accorhotels’ signing last year of 50
new hotels in Angola took the former Portuguese colony into second place – behind Nigeria, but ahead of Egypt – in the league table of African nations with the largest hotel rooms pipeline. According to the W Hospitality Group
consultancy’s latest survey, the number of planned hotel rooms in Africa has soared to 64,000 in 365 hotels, up almost 30 per cent on last year. The increase is
“Investors remain confident about the future of the hospitality industry on the continent”
caution about the number of hotel deals that have been signed but have have yet to open – for a variety of reasons, but primarily because of a lack of finance. “Between 2006 and 2013, 104 deals with
21,377 rooms, more 30 per cent of the total, were signed and should now be open, or at least well under construc- tion,” he says. “If all those involved – the investors, chains, consultants and lenders – can bring these deals to fruition, the pipeline of the future will result in the much-needed expansion of Africa’s hotel industry.” On a brighter note, Ward contin-
ues: “The evidence from our survey is clear – investors remain confident about the future of the hospitality industry on the continent. Even when pum- melled daily by low commodity prices, exchange rate problems, political chal- lenges and poor infrastructure, Africa remains resilient.”
largely down to
strong pipeline growth in sub-Saharan Africa, which is 42.1 per cent higher than in 2015 and is significantly outstripping North Africa, which achieved only a modest 7.5 per cent pipeline increase so far this year. All 50 of Accorhotels’ Angolan prop- erties are already under construction – which prompts W Hospitality managing director Trevor Ward to sound a note of
78 BBT JULY/AUGUST 2016
Dakar, Senegal
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