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Hotel Spec’s inaugural FF&E and OS&E Cost Benchmarking Guide Africa will no doubt be a useful tool for all (potential) owners and investors in the market. Up to this point there has been scarce information from a trusted source that breaks down hotel cost data. However, this report, filled with data taken from actual hotel projects, looks to provide the hotel investment community a standardised cost per key across the continental regions.
Providing this benchmark is a complex undertaking with so much variation of duties and taxes across the continent. As the report states, “to assume the same treatment, procedures and tariffs across the continent would be a grave mistake.” It has, therefore, taken into regional variations to provide an accurate comparison of costs for the West, East and Southern markets. The report then takes a sample of 5 brand standards across each segment to provide the comparisons.
Comments 5
abc
It is a well tailored report
The Bench Marking Guide for Africa FF&R & OS&E program is well tailored to suit the needs of the client.
We are seeking a mix use high end private hospital (244 keys) & 800 keys five star hotel
developer for our proposed site development to be located in West/Central Africa market region – Accra , Cameroon area: facilities are private hospital, and VIP entertainment complex for annual events (exhibits) via our 1,700 concert hall – we are US based with 30 years of personal and business relationship (references) in all of Sub Saharan Africa including SA.
moroccan hotels operator