Hotels and Leisure

Sub Saharan growth drives African hotel surge

Appetite for hotel development in Africa is increasing with many more businesses setting up offices or doing deals on the continent. ... Full story

SA’s hotels group to build 500-room hotel complex in Cape Town

South Africa's gaming and hotels group, Tsogo Sun (TSH) on Tuesday said it would begin construction of a 500-room hotel complex in Cape Town’s city centre. ... Full story

Qatari Diar gets green light for $2.16bn Egypt construction projects

Qatari Diar, which is headquartered in Doha, has been granted approval of $2.16 billion construction project to build hotels, shopping malls and residential apartments in Egypt, aimed to boost tourism in the country. ... Full story

Egypt hotel developer plans to revive stalled projects

Egypt’s Orascom Hotels & Development is planning to revive stalled projects in the country. These projects were put on hold following the 2011 political unrest that ousted President Hosni Mubarak. ... Full story

SA's hospitality sector on the rise despite cooling economy

Despite the cooling off in South Africa’s economy, the hospitality sector is poised for further growth in the next five years in the wake of a number of inbound travellers into the African continent, according to a report issued by PricewaterhouseCoopers (PwC). ... Full story

Lagos hotel market rapidly gaining traction

Tsogo Sun is South Africa’s biggest hotel group, but it is its hotel in Lagos, the Southern Sun Ikoyi, that lays claim to the second-highest average room rate in the group, trailing only a boutique hotel in Seychelles. ... Full story

International Hotel operators show interest in African business

Sub-Saharan Africa is seeing a surge in hotel investment and development by overseas hotel operators, sighting economic growth which has boosted interest on the continent. ... Full story

Mauritius draws South African Investors

South African investors are flowing back into the property market in Mauritius, according to Nitin Pandea, who heads the Mauritian Board of Investments. ... Full story

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