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

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…

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Morocco’s ONOMO Hotels strengthens African presence with acquisition of BON Hotels

MOROCCO – Moroccan based hotel giant, ONOMO hotels has acquired a 60.1% controlling stake in BON Hotels, heralding what could be a major shakeup on the African hospitality industry. In a press statement, ONOMO Chairman, Julien Ruggieri noted that ONOMO is consolidating the African hospitality market and will continue to strengthen its pan-African presence. “The acquisition deal establishes ONOMO as a key player in the Nigerian market and will reinforce our presence in Southern Africa,” added Ruggieri.                                             He further noted that the deal positions ONOMO “as the leading pan-African mid-scale…

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