Thursday, 01 February 2018 17:45

Annual Hotel Expansion Summit to be held in Ethiopia

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The Fifth Annual Africa Hotel Expansion Summit will take place in Addis Ababa, Ethiopia, from February 27-28 at the Radisson Blu Hotel, Addis Ababa.

Africa is one of the world’s most attractive investment areas in tourism, and hotels are one of the fastest growing sectors in Africa. Various industry players will meet to chart hotel and tourism business development on the continent.

Global and local operators, developers, investors, construction companies, architects, financial institutions, associations, consultants and solution providers will be invited to discuss projects, future investment possibilities, international stakeholder involvements, design trends and technology updates.

Reports from organisers show that 417 international class hotels with 72 816 rooms are in the pipeline for Africa. Egypt, Nigeria, Ethiopia, Angola, Morocco, South Africa, Kenya, Algeria, Cape Verde and Tunisia are the top 10 destinations for hotel growth.

 Source: TU

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