The Summit will provide a seamless platform for all hoteliers and developers across Africa, addressing opportunities and challenges related to hospitality and real estate sector
Dubai, UAE - June 29 2017: In recent years the African continent has gained traction, notably in the hotel, retail and real estate sectors. Backed by the increasing interest in African tourism and international investors, the northern African regions have enjoyed strong hotel and resort development growth boosting the hospitality and real estate sectors.
The 2017 edition of Hotelier Summit Africa (North) will provide a seamless platform for all hoteliers and developers across Africa, addressing opportunities and challenges related to hospitality and real estate sector. From the initial appraisal of a potential development, to sourcing the money to develop the hotel, to construction and development, the Summit will underline the robust growth of the hospitality and real estate sector in North Africa.
“The growth in the hotel sector in Africa is coming due to high economic growth. The macro fundamentals are positive, with high population growth, increasing urbanisation and increasing tourist arrivals. Several five star properties will be adding new hotels to their current portfolio in Africa. This will not only boost the real estate sector, but also increase the number of real estate and construction jobs,” said Ravi Kumar Chandran, Director at IDE.
“These major long term trends are driving the construction of high quality real estate across the continent. The most visible demonstration of this is the rise of the luxurious hotels, but there are development opportunities in varied sectors including residential, commercial, healthcare and education,” explained Ravi Kumar Chandran.
Growing at a sharp rate, Africa's hospitality and real estate industry have been the best performers globally. Outshining its own numbers, the continent's hotel industry and real estate sector is expected to continue the positive momentum over the next few years, making Africa a bright spot in the global hospitality market.
“The Hotelier Summit Africa (North) is perfect for all stakeholders who look to create business opportunities and share valuable knowledge in the hospitality and real estate sector. The Summit guarantees return on investment for the delegates by representing top projects in the continent by providing details on project type, budgets and timeframes. We are confident that this Summit will serve as a one-stop-shop for investors, property owners, developers and other stakeholders of the real estate landscape to discuss project feasibilities from conceptualization to completion,” concluded Ravi Kumar Chandran.
Positioned as the ideal gateway to figuring your company's growth and development trajectory in the African hospitality sector, Hotelier Summit Africa (North) is an essential platform for those working in the hospitality and real estate sector. It offers participants' key insights and information, allows them to share and exchange ideas and promotes international trade links and partnerships. It is a global forum that is open to all stakeholders in the hospitality and real estate industry, which promotes business and trade opportunities and shares evidence and best practices at local, regional and global levels.