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

NAIPE Annual Confab to Examine Post-Recapitalisation Investment Strategy Oct 8

The Nigerian Association of Insurance and Pension Editors (NAIPE)...

10 African Nations Announce Increased $9m Pledges to IFAD

Left to right: Salah Ahmed Jama, Deputy Prime Minister...

Benin-Asaba Expressway: SAN Cautions Against Unilateral Revocation of 25-Year Concession

FG Should Exercise Caution Before Revoking Benin-Asaba Expressway Concession,...

Appeal Court, Abuja Clears Fidelity Bank in Fundamental Rights Case

The Court of Appeal in Abuja has cleared Fidelity...

PenCom, Partners Target N300bn, Q2 2027 for Rollout of Infrastructure Financing

The National Pension Commission (PenCom), pension operators and development...

Topics

SMILE Partner Alcatel on 4G LTE Voice Device Bundle

Smile Communications has entered into a partnership with Alcatel...

Fidelity Bank Improves Ease of Revenue Collection with Tax Booths

As part of initiatives towards increasing efficiency in revenue...

Linkage Assurance Reports 24% Rise in Insurance Revenue to N27.6bn in FY 2025

Underwriting giant, Linkage Assurance Plc, delivered a robust operating...

Nigerian Agric Insurance Corp Sympathises with Flood Victims Nationwide

The Nigerian Agricultural Insurance Corporation (NAIC) sympathises with flood...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

Swiss Re Misses $1.3bn Expected Profit in 2019

Reinsurer, Swiss Re reported weekend a smaller-than-expected profit in...

NAICOM: ‘Policyholders Remain Key Component of Insurance Industry’

The National Insurance Commission (NAICOM) says that policyholders remains...

GOCOP Partners NCDMB, NCC, Dangote, NCAA, UBA for 2024 Conference

Partners for the eighth annual conference of the Guild...
spot_img

Related Articles

Popular Categories

spot_imgspot_img