Nigeria has moved into second place in Africa’s 2024 Hotel Development Rankings, with 7,622 rooms across 50 hotels, driven by key developments from global hotel chains like Hilton, Radisson, Marriott International, and Leva Hotels, with Lagos leading the way with five new hotel deals.
Egypt retains the top spot with 26,241 rooms, while Morocco follows closely with 7,169 rooms.
Other countries at the top include Ethiopia (5,128 rooms), Cape Verde (5,056 rooms), and Tunisia (4,121 rooms). Kenya, South Africa, Algeria, and Ghana complete the top 10 countries by room numbers.
The 2024 Africa Hotel Chain Development Pipelines Report reveals an 8% increase in the total number of hotels and a 9% rise in available rooms across Sub-Saharan Africa. This data is sourced from the BuyLetLive 2024 Nigeria Property Price Index Report.
“The 2024 Africa Hotel Chain Development Pipelines Report revealed a significant increase in hotel development across Sub-Saharan Africa. Compared to 2023, the…
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