financeSkift··1 min·For: Owner, Investor, GM, Revenue, Ops
Egypt and Morocco Lead Record African Hotel Pipeline Growth
Africa's hotel development pipeline has reached a record high of 123,846 rooms, with Egypt accounting for over a third of the continent's planned supply.
Key Takeaways
- 1Monitor the 18.6% year-over-year surge in Africa's hotel pipeline, now totaling over 123,000 planned rooms.
- 2Evaluate investment opportunities in Egypt, which commands more than a third of the continent's development with 45,984 rooms in progress.
- 3Assess the viability of high-capacity resort projects as Sharm El Sheikh leads with large-scale developments averaging 539 rooms per project.
Source: Skift
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