Keyword: W Hospitality Group
While countries like South Africa, Nigeria, Mauritius, Kenya and Tanzania are evergreen for investment, other cities are attracting interest as well.
According to analysts, more than 30 percent of the current total Africa pipeline—both preconstruction and in development—is in French-speaking Africa.
The hotel development pipeline in Ethiopia is up almost 50 percent from last year, with the capital city of Addis Ababa leading the way.
However, development is slowing in the city, which accounts for 25 percent of the South African pipeline with 1,063 guestrooms in six hotels.
Marriott International has almost 50 percent of its hotel pipeline in Africa already under construction.
As hotel demand rises and performance strengthens in Africa's recovering economy, major hotel groups have forged ahead with new plans for expansion.
W Hospitality Group's annual survey shows North Africa has seen the most hotel development growth.