InterContinental Hotel Group, Accor, Starwood and Rezidor Hotel Group — the group that operates the Radisson Blu chain — are among those looking to capitalise on the continent’s urbanisation and build up its underdeveloped hotel industry.
GLOBAL hotel chains are poised to spend hundreds of millions of dollars in Africa over the next few years to meet increased demand from both international tourists and the continent’s own fast-emerging middle class, said Martin Jansen van Vuuren, a director at consultancy Grant Thornton Strategic Solutions.
InterContinental Hotel Group, Accor, Starwood and Rezidor Hotel Group — the group that operates the Radisson Blu chain — are among those looking to capitalise on the continent’s urbanisation and build up its underdeveloped hotel industry.