Wednesday, February 25, 2026
35.6 C
Lagos

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

Hot this week

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

Mrs. Ego Uzochukwu (Award Winner, centre); flanked on her...

CBN: Banking Sector Recapitalisation on Course as 20 Banks Meet Capital Requirement  

The Governor, Central Bank of Nigeria (CBN), Mr. Olayemi...

Sovereign Trust Insurance Spreads Love with Fire Safety Drive

On Valentine's Day, Sovereign Trust Insurance Plc showed its...

CBN Gov, Cardoso, Hails AU Decision on African Monetary Institute, Central Bank

The Governor, Central Bank of Nigeria (CBN), Mr. Olayemi...

Tinubu to Governors: Remember the Poor, Empower the Under-privileged

President Bola Tinubu, on Monday in Abuja, urged Muslim...

Topics

Technology Increasingly Shaping Africa’s Financial Sector

The African financial services industry is rapidly evolving as a result of advancing technology which is fueling innovation and growth in the sector. While the sector is mature in most developed countries, it is less saturated in Africa, therefore offering many opportunities for new market entrants to challenge the status quo of how business has traditionally been conducted.

Nigerian Banks Fall in The Banker’s 2016 Top Banks Ranking

African banks had their capital Tier 1 fall by...

NNPCL: Ogoni Re-entry is a Beacon of Reconciliation through Collaboration

The re-entry into Ogoniland marks a historic turning point...

Great Nigeria Insurance Reports N5bn Annuity Growth in Qtr 1, 2021

Mrs. Cecilia O. Osipitan Managing Director/CEO, Great Nigeria Insurance Plc Great...

Ogoni Clean-Up: UK Applauds HYPREP Remediation Exercise

The British Deputy High Commissioner to Nigeria, Ms. Gill...

Stanbic IBTC Bank Showcases upgraded EOL 2.0 Transaction Solution

Stanbic IBTC Bank Limited, a subsidiary of Stanbic IBTC...

Mobile Payment – A Game Changer in Africa

Writing in his latest annual “Gates Notes” letter, Microsoft Founder and Philanthropist, Bill Gates highlighted the digital banking sector and observed that smartphones and mobile technology would define banking in Africa, especially in those communities where the cost of banking and a lack of infrastructure remain major barriers to entry.
spot_img

Related Articles

Popular Categories

spot_imgspot_img