AHIF: Outlook bright for African hotels as steady growth gets underway


Growth in the African hotel sector has reached a new level of maturity with less reliance on foreign visitors and increased demand from local businesses, according to a new report from global hotel consultancy HVS. The 2015 African Hotel Valuation Index, published to coincide with the Africa Hotel Investment Forum, reports that African hotel brands such as Azalai, City Lodge and Protea are trading well, with a number of hotel investors showing faith in the continent.