Hilton Intends to Double Their African Presence

hilton-logo   At a forum for investors in African hotels in Kigali, Rwanda, Hilton (HLT|NYSE) announced that it plans to expand significantly in Africa:

“…le groupe hôtelier américain a rendu publique son ambition de faire passer le nombre des hôtels qu’il exploite en Afrique de 39 à l’heure actuelle, à 80 d’ici quatre ans.”

Translation:

“…the American hotel group has made public its ambition to increase the number of hotels it operates in Africa from 39 at present to 80 in four years.”

We have reported on the hotel industry in Africa in the past, and major hotel companies remain committed to the continent:

“En dépit d’une passe économique actuellement difficile, due à la chute des cours des matières premières, le développement du secteur hôtelier en Afrique demeure solidement engagé, comme le confirment les récents et nombreux projets développés par Starwood (racheté par Marriott), d’AccorHotels, de Carlson Rezidor ou de Louvre Hôtels.”

Translation:

“Despite a difficult economic time, due to falling commodity prices, the development of the hotel sector in Africa remains firmly committed, as confirmed by numerous recent projects developed by Starwood (acquired by Marriott), by Accor Hotels, by Carlson Rezidor or by Louvre Hotels.”

African Investment Report will continue to search out these types of companies. Be sure to subscribe on this page and get our FREE report and updates!

 

“Hôtellerie : Hilton entend doubler sa présence africaine”: http://www.jeuneafrique.com/362631/economie/hilton-entend-doubler-presence-dici-4-ans-afrique/

 

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