Back to the complete issue
Thursday, 4 May 2017

Egypt leads Africa in new hotel development projects

Egypt is the leader in new hotel developments in Africa, Hospitality Net reports. There are currently 53 hotel projects underway in Egypt, according to an industry database. Morocco follows closely behind Egypt, with 50 total hotel projects currently under construction. Overall, “the new hotel construction pipeline for the African continent has begun to look healthier than it has in many years” with 336 new hotel construction projects underway.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594). Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2016 Enterprise Ventures LLC.