New era beckons for African hospitality as indigenous management companies step up

Sat Nov 9th, 2019 - Nationwide

At the 2019 edition of the Africa Hotel Investment Forum (AHIF), which was held in Addis Ababa, Ethiopia last September, delegates from across the African hospitality sector were toasting to a bumper year for African tourism and travel.

The even created a platform for practitioners to celebrate the achievements of the tourism and travel industry, which contributed $194.2 billion to Africa’s economy in 2018, representing 8.5 per cent of the continent’s GDP, as well as, offered 24.3 million African jobs, or 6.7 percent of total employment.

Impressed with Africa’s growth of 5.6 per cent in 2018, the World Travel & Tourism Council (WTTC) described the continent as the second-fastest growing tourism region, only behind Asia-Pacific.




source: Guardian