10 Myths of Hospitality Development in Africa

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10 Myths of Hospitality Development in Africa

31-Oct-201410 MYTHS OF THE AFRICAN HOTEL INDUSTRY

There’s a lot happening in Africa!
Earlier this year, a survey by W Hospitality Group counted 215
hotels in the chains’ development pipelines, with almost 40,000
rooms. That’s almost 14 per cent more than in 2013, huge
growth in the fastest-growing continent.
We’re proud to have been involved in several of these deals.
But in addition to our advisory services, helping deals to get
done, and hotels to get built, we find ourselves more and more
as educators, helping our clients to understand how the global
hotel industry works. Many of Africa’s hotel developers are first timers,
developing their first hotel, and are eager to learn about
this unique industry.
Over the course of a year Hotel Partners Africa receives hundreds
of inquiries from prospective hotel owners, seeking our advice on
how to enter the industry – or in some cases, what they should
have done before jumping in feet first!
This little publication is here to help, by describing ten of the
misunderstandings, or “myths”, that we come across, and our
explanation of how it really happens on ground.
We hope you find it useful!
The Hotel Partners Africa Team

10 Myths of Hospitality Development in Africa

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