Sunday, 8 September 2013

AFRICA HOTEL INVESTMENT FORUM



The Africa Hotel Investment Forum (AHIF) will return to Kenya this year for the second edition of this event, taking place between the 23rd to 25th of September; at the Hotel InterContinental in Kenya’s capital Nairobi. Stakeholders from different African countries are set to converge at the Intercontinental in Nairobi, Kenya .The event is set to bring together leading international hotel investors, local operators, government officials and industry experts with the aim of discussing all aspects of hotel investment in Africa.



In the last three years there has been a 9.7% increase in new projects in North Africa whilst at the same time, an increase of 53% in sub-Saharan Africa (Source: African Business). In Kenya alone some 1.469 new rooms are in the ‘pipeline’, a sign how strong the demand for additional quality beds is.

East Africa is thought to be one of the continents major growth markets for hospitality investments in coming years, following the discovery of significant quantities of oil and gas but also in view of major infrastructure investments being undertaken in new ports, new railways, highways, pipelines and power projects, which are thought to spur economic growth in the high single digit or even low double digit figures. The conference will subsequently reflect on such areas as shown below, among other topics.

Stakeholders from different African countries are set to converge at the Intercontinental in Nairobi, Kenya for the annual Africa Hotel Investment Forum (AHIF) to be held from September 23 to September 25, 2013. The event is set to bring together leading international hotel investors, local operators, government officials and industry experts with the aim of discussing all aspects of hotel investment in Africa.
Several dignitaries are set to speak at the event including Former National Museums of Kenya Director General George Abungu, Lonrho Hotels Chief Executive Officer Ewan Cameron, Hilton Worldwide’s East, Central & Southern Africa Vice President Michael Cooper and Kenya Association of Hotelier CEO Mike Macharia.


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