Hilton to add 100 hotels to its chain in Africa over five years

0
396
The Netherlands' flags are seen outside the Sandton Hilton hotel in Johannesburg, file. REUTERS/Thomas Mukoya

NAIROBI – Hilton Worldwide Holdings Inc. plans to spend $50 million over the next five years to add 100 hotels to its chain in Africa, it said on Thursday, joining other chains keen to tap growing business and international travel on the continent.

One property will open in the Kenyan capital Nairobi by the end of this year and another in the Rwandan capital Kigali in 2018, it said in a statement.

There was 11 percent growth in Sub-Saharan African tourism in the past year, according to data from the U.N. World Tourism Organisation.

Hilton said the remaining additions to its 39 existing African properties would be operational within the next five years.

“The model of converting existing hotels into Hilton branded properties has proved highly successful in a variety of markets and we expect to see great opportunities to convert hotels to Hilton brands through this initiative,” said Patrick Fitzgibbon, Hilton’s senior vice president for development in Europe, Middle East and Africa.

Earlier this week, Hyatt Hotels & Resorts said it would open six new hotels on the continent by 2020.

Reporting by George Obulutsa; Editing by Mark Potter

SHARE
Previous articleWe are sorry for yesterday’s service disruption – GTBank”
Next articleGuinness Nigeria announces exciting new made of black partnership with Thierry Henry
Godwin Okafor is a financial journalist, Internet Social Entrepreneur and the Founder Naija247news Media Ltd He has over 16 experiences in journalism, which cuts across traditional and digital media. He started his journalism career in Business Day, Where he was a senior editorial graphic artist, before he left to start Naija247news, An Online Financial Newspaper in 2010. He has won series of awards and he is the chairman of Emmerich Resources Limited, the publisher of Naija247news.com and also sits on the board of Students In Business Awards, (SIBA).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.