African Business News

Africa: a new haven for the hospitality industry

THE hospitality industry is an informal but solid indicator of a country or continent’s economic wellbeing. The days of "build it and they will come" are long gone. In the present global economic climate, if a hotel is going up, it is probably an indicator that

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AfDB President Commends Tunisian Hospitality

The President of the African Development Bank Group, Donald Kaberuka, Thursday, May 23, in Tunis, called on the Tunisian Prime Minister, Ali Laarayedh.

President Kaberuka underscored the friendship between the AfDB and

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Taj Hotels to expand footprint in Africa

Indian luxury brand, Taj Hotels, is keen to expand its footprint in Africa after establishing its presence in Cape Town, South Africa. According to Michael Pownall, General Manager, Taj Cape Town, the group is eager to expand its footprint largely in

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Marriott says Middle East revenues up 11% in Q1

US hotel giant Marriott International has announced that its RevPAR (revenue per available room) rose by more than 11 percent in the first quarter of 2013.
The hospitality operator said the RevPAR increase was driven predominantly by a 4.1 percent growth in first

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