In anticipation of the Africa Hotel Investment Forum, STR has highlighted Africa’s key hotel development and performance trends.
Based on August 2017 data, Africa currently shows 301 hotel projects in the pipeline, accounting for 57,011 rooms, or 11 per cent of the continent’s existing room supply.
Before his AHIF presentation on Wednesday, October 11th, Thomas Emanuel, STR’s director of business development, commented on recent performance trends in the market.
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