Intercontinetal Hotels Group

Hotel development in Africa to be affected by COVID-19 – report

June 17, 2020August 28, 2020 Frank

AFRICA – The Covid-19 pandemic will impact the development of new hotel properties in Africa, reveals a new survey by the W Hospitality Group – shattering the dreams of Africa’s hotel industry. According to the survey, the African hotel development had returned to growth at the start of 2020, with more than 78,000 rooms in 408 hotels in the pipeline. “The growth of the chains’ presence in Africa has been a very positive story since we started this analysis in 2009. It is quite clear from the numbers that the…

InterContinental Hotels Group plans to expand presence in Africa with 10 new hotels

September 26, 2019September 26, 2019 Frank

AFRICA – InterContinental Hotels Group (IHG®) one of the world’s leading hotel companies, has signed a Master Development Agreement (MDA) with Aleph Hospitality to develop ten franchise hotels across IHG’s portfolio of brands in midscale and upscale segments. The agreement was signed at Africa Hotel Investment Forum in Addis Ababa, Ethiopia. The MDA will see IHG expand its presence in Africa across key countries such as Kenya, Ethiopia, Nigeria, Morocco, Algeria and Ghana. The addition of new hotels, as a part of the agreement, will solidify IHG’s position as one…