DealStreet Africa Hospitality, Tourism & Entertainment LATEST NEWS Kenya’s competition authority approves Norfolk hotel sale 2 weeks ago KENYA – The Competition Authority of Kenya (CAK) has approved the buyout of Saudi billionaire…
Hospitality, Tourism & Entertainment Investments, Financials & Economy LATEST NEWS US’s RED constructs a luxury lodge in Nambiti Game Reserve, South Africa 1 month ago SOUTH AFRICA – American group, Really Epic Dog (RED) is constructiong a luxury lodge in…
Hospitality, Tourism & Entertainment Investments, Financials & Economy LATEST NEWS American vacation rental online marketplace Airbnb eyes $30 billion IPO valuation 2 months ago GLOBAL – Airbnb, an American vacation rental online market place, is hoping to have a…
Hospitality, Tourism & Entertainment Investments, Financials & Economy LATEST NEWS Radisson Group opens new hotel in Johannesburg 2 months ago SOUTH AFRICA – Radisson Hotel Group is on track to open its new twelfth hotel…
Hospitality, Tourism & Entertainment Investments, Financials & Economy LATEST NEWS Serena expands into DRC with new Goma hotel 2 months ago DRC – Serena Hotels has opened a new five-star Goma Serena Hotel located at the…
Hospitality, Tourism & Entertainment Investments, Financials & Economy LATEST NEWS Zimbabwe’s RTG upgrades its Rainbow Towers for $4.4 million 2 months ago ZIMBABWE – Hospitality group Rainbow Tourism Group (RTG) has announced the upgrading and development of…
Govt. & Development Organisations Hospitality, Tourism & Entertainment LATEST NEWS Nigeria’s Lagos State sets up US$2.58m seed capital to support tourism, hospitality sector 4 months ago NIGERIA – Lagos State, Nigeria’s most populous state and home to the country’s largest city,…
Hospitality, Tourism & Entertainment LATEST NEWS Morocco tourist numbers could drop by 10m in 2020 due to COVID-19- experts say 4 months ago MOROCCO – Moroccan tourism experts have expressed concern of the prolonged impact of the COVID-19…
Hospitality, Tourism & Entertainment LATEST NEWS Transcorp Hotels to raise US$26M via rights issue to fortify balance sheet against covid19 effects 5 months ago NIGERIA – Shareholders of Transcorp Hotels Plc have unanimously authorized the Board of Directors to…
Hospitality, Tourism & Entertainment Investments, Financials & Economy LATEST NEWS Hotel development in Africa to be affected by COVID-19 – report 6 months ago AFRICA – The Covid-19 pandemic will impact the development of new hotel properties in Africa,…
LATEST NEWS Drought, corona virus to slow Morocco’s economic growth to 2% 9 months ago MOROCCO – Morocco’s economic growth is expected to be revised downwards to near 2% in…
Hospitality, Tourism & Entertainment Infrastructure, Construction & Real Estate Investments, Financials & Economy LATEST NEWS Talaat Moustafa Group to set up a new US$96m Four Seasons Hotel in Egypt 9 months ago EGYPT – The Talaat Moustafa Group (TMG), Egypt’s largest listed real estate developer, has signed…
DealStreet Africa Hospitality, Tourism & Entertainment LATEST NEWS Marriot to launch its iconic St Regis hotel brand in Egypt’s new administrative capital 10 months ago EGYPT— Marriott International, Inc. has announced that it has signed an agreement to open a…
Hospitality, Tourism & Entertainment Infrastructure, Construction & Real Estate LATEST NEWS Opportunities in investing in Africa’s hotel industry substantially outweigh the threats, says Philippe Doizelet 10 months ago AFRICA – Today, Africa is seen as one of the most promising regions for hotel…
Hospitality, Tourism & Entertainment LATEST NEWS 3m visitors to Marrakesh in 2019 confirm city’s position as Morocco’s leading tourism destination 11 months ago MOROCCO – Marrakesh welcomed nearly three million tourists in 2019, the Regional Council of Tourism…
Hospitality, Tourism & Entertainment LATEST NEWS Sheffield Africa opens new show room in Kenya’s coastal city of Mombasa to enhance customer experience 12 months ago KENYA- East Africa’s leading Commercial Kitchen, Laundry and Cold Room solutions provider, Sheffield Africa has…
DealStreet Africa Hospitality, Tourism & Entertainment Infrastructure, Construction & Real Estate LATEST NEWS Morocco’s ONOMO Hotels strengthens African presence with acquisition of BON Hotels 12 months ago MOROCCO – Moroccan based hotel giant, ONOMO hotels has acquired a 60.1% controlling stake in…
DealStreet Africa Hospitality, Tourism & Entertainment Infrastructure, Construction & Real Estate LATEST NEWS Egypt’s hoteliers to spend US$800m in development of new hotel rooms to meet rising demand. 1 year ago EGYPT – The chairperson of Egyptian Hotel Association (EHA), Mr Maged Fawzy has revealed that…
DealStreet Africa Hospitality, Tourism & Entertainment Infrastructure, Construction & Real Estate LATEST NEWS Multinational conglomerate Chaudhary Group seeks to invest in Egypt’s thriving tourism sector 1 year ago EGYPT – Egypt’s thriving and steadily improving tourism sector has attracted the attention of Chaudhary…
DealStreet Africa Hospitality, Tourism & Entertainment Infrastructure, Construction & Real Estate LATEST NEWS State-owned railway company ONCF to sell prestigious La Mamounia Hotel 1 year ago MOROCCO – Morocco’s national state-owned railway company ONCF (Office Nationale des Chemins de Fer du…
Govt. & Development Organisations Hospitality, Tourism & Entertainment LATEST NEWS 2019 Africa Visa Openness Index brings good news to African business and leisure travelers 1 year ago AFRICA – For the first time, Africans can travel to approximately 27 countries visa-free or…
