A new report from the W Hospitality Group reveals an unprecedented surge in the hotel development pipeline across Africa, providing a beacon of hope for the continent’s tourism and hospitality sectors.
The 2024 Hotel Development Pipeline Report indicates a total of 577 hotels and resorts are under development, offering a staggering 104,444 rooms—an impressive 13.3% increase from the previous year. This significant growth stands in stark contrast to the single-digit increases seen in global hotel pipelines.
The report, compiled with data from 50 international and regional hotel chains, also highlights a remarkable expansion in North Africa, which has experienced a 23% year-on-year increase in hotel development compared to a 6% increase in sub-Saharan Africa.