Africa Needs Professional Hotels

Global Hotel Group, Swiss International is seeking to open more facilities in Africa as part of its global expansion into markets that hold demand for international hotel services.

The hotel operator was established in Switzerland in 1982, but moved its international services centre to Ras al Khaimah, UAE.

Since 2014, Swiss International has opened in Nigeria, Sierra Leone, Morocco and Rwanda. It is planning to launch in Ghananext month, and is also working on new projects in Kenya, Ethiopia and Uganda.

“We are focusing very much on Africa. We opened our office in Lagos two to three years ago and currently have eight hotels across Africa,” says Swiss International CEO Henri Kennedie. “There is a strong need for professional hotels [in Africa].”

A recent survey shows hotel developments across the continent is going up, with 36 chains planning to develop more than 64,000 rooms in 365 hotels.

Growth in new hotels is attributed to projected economic growth across the continent and a positive outlook for business, trade and capital investments. Nigeria and Angola top the list of countries with the highest number of hotel rooms currently under development.

However, operators such as Swiss International have faced challenges in some markets where it operates.

“If you are entering the market the way we do there will be good times, bad times and struggling times – but if you are committed you will overcome all of those,” says Kennedie.

“We launched our hotel in Sierra Leone and about two months later there was an Ebola outbreak. We could not have predicted that. We had low occupancy initially, but we started getting business from aid workers as humanitarian efforts intensified.”

“Africa is going through rapid economic development. We believe there is a shift in the world, which we all know about theoretically, but we now feel it in practice. Of course we should never forget that the traditional markets are extremely established but we see other markets developing, Africa in particular [is] accelerating,” adds Kennedie.

Previously Kennedie worked with Golden Tulip hotels. He recalls when Golden Tulip opened its first property in Africa in the early 1990s – in Ghana’s capital Accra – there was very little competition.

“Now there are hotels everywhere. I take Ghana as an example for other African countries with strong development [such as] Nigeria, Kenya, Tanzania and Rwanda. You see them developing very fast.”

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

emPLE, Ecobank Reward Families, Promotes Financial Literacy with ‘Protecting Little Dreams’ Initiative

emPLE Nigeria, in partnership with Ecobank Nigeria, has reinforced...

IPMAN Kicks Against Issuing Licences for Petroleum Products Import

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has...

Stanbic IBTC Empowers MSMEs with Business Growth Insights at Nigeria Business Summit Regional Tour in Ibadan

Micro, Small, and Medium Enterprises (MSMEs) across Oyo State...

NGX Chair: Insurance Sector Needs More Marketing, Digitalisation to Increase Penetration, Contribution to GDP

Remarks by Dr. Umaru Kwairanga, Chairman, Nigerian Exchange Group...

NAICOM Boss Charges CIIN on Professionalism, Ethics, Innovation as Jide Orimolade Emerges 53rd President

The Commissioner for Insurance/CEO, National Insurance Commission (NAICOM), Mr....

Topics

AIICO Deepens Bond with Retirees, Holds Annuity Forum in Lagos, PH

Mr. Gbenga Ilori, Head, Retail Business at AIICO, in...

NDIC, Others Harp on Banks, Fintech Collaboration Towards Nigeria’s $1trn Economy

For Nigeria to achieve the $1trillion Gross Domestic Product...

Insurance September 2021: Remaking Insurance to Serve Stakeholders Effectively

The fifth edition of Insurance September, an annual interactive...

Business Leaders, Experts Meet to Discuss Economic Reforms Oct 12

Business leaders from various sectors will meet in Lagos...

WEF: Will Human-centric Data Policy Accelerate Global Progress?

The World Economic Forum and the City of Helsinki will...

MTN Nigeria Refutes Bribery Allegation Over NCC Fine

MTN Nigeria has denied a bribery allegation over its...

The Role of Media Monitoring in Shaping Government Communication Strategies

By Philip Odiakose In governance, understanding public sentiment and effectively responding...

FinTech in Africa Targets $3bn by 2020

Millions more people in Africa now have access to...
spot_img

Related Articles

Popular Categories

spot_imgspot_img