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W Hospitality Group: Global hotel chains plan expansion in Francophone Africa

Category: Africa Indian Ocean Figures / Studies
Press release published on 2018-11-21

Under-supply and increasing demand – latest independent analysis


The facts and figures behind an unprecedented hotel expansion in Francophone Africa are revealed in the latest research by W Hospitality Group, the international experts in hotels, tourism and leisure based in Lagos, Nigeria.

W Hospitality Group’s hotel development pipeline analysis shows that more than 30 per cent of the current total Africa pipeline – both pre-construction and on-site – is in French speaking Africa. Hotel expansion is taking place across the continent, from Morocco, Côte d’Ivoire, Senegal, Niger and Guinea in West and North Africa to Madagascar in the Indian Ocean.

Trevor Ward, W Hospitality Group principal, said: “This is a fascinating set of statistics which shows the true extent of growth in Francophone Africa. The larger groups are now clearly focusing on these regions, but at the same time smaller groups such as Azalaï and Mangalis are also making a significant mark. Until now there’s been relatively low penetration in Francophone Africa by the global players but under-supply and increasing demand are driving a development imperative for them.”

There are 131 hotels and 23,139 rooms in the Francophone Africa hotel pipeline in 2018 – representing a 12.4 per cent increase on 2017. For all of Africa, the pipeline is 418 hotels and 76,322 rooms.

The top five groups in the Francophone Africa pipeline are:

Marriott with 30% of the Francophone Africa pipeline (38 hotels, 7,055 rooms)
Accor with 11% of the Francophone Africa pipeline (15 hotels, 2,648 rooms)
Hilton with 9% of the Francophone Africa pipeline (10 hotels, 2,112 rooms)
Louvre with 8% of the Francophone Africa pipeline (11 hotels, 1,899 rooms)
Radisson Hotel Group with 7% of the Francophone Africa pipeline (9 hotels, 1,529 rooms)

By region, North Africa has 60% (73 hotels and 13,886 rooms) and West Africa 30% (43 hotels and 7,009 rooms) of the pipeline in the whole of Francophone Africa.

Among the big groups, expansion in Francophone Africa accounts for 40% of Marriott’s total Africa hotel pipeline. For AccorHotels, it accounts for 26%.

Matthew Weihs, Managing Director of Bench Events, which is organising the newForum de l'Investissement Hôtelier Africain (FIHA) in Marrakesh in February 2019, said: “What is particularly striking is the scale of commitment from Marriott; who have plans for more hotels and rooms in Francophone Africa than the next three major international chains put together. However, the time horizon of its development pipeline stretches further into the future than those of the other players, so it may not end up being quite as dominant as these data suggest.”

The W Hospitality Group analysis also reveals the plans of all the other global groups such as Hyatt and Kempinski, as well as providing details of the progress of pioneering regional groups such as Azalaï, Mangalis and Onomo.

Matthew Weihs concluded: “Whilst the establishment of new five-star deluxe properties, sporting globally-recognised branding will catch the eyes and the headlines, more money is likely to be made by astute operators who are looking to occupy the mid-market segment. This study, which will be presented in greater detail at the conference in February,will provide much-needed intelligence for developers, investors and local partners as development in Francophone Africa continues to grow.”

About W Hospitality Group

The W Hospitality Group, a founder member of Hotel Partners Africa, specialises in the provision of advisory services to the hotel, tourism and leisure industries, providing a full range of services to clients who have investments in the sector, or who are looking to enter them through development, acquisition or other means. In sub-Saharan Africa. The W Hospitality Group is regarded as the market leader due to the market and financial expertise of its staff, its worldwide knowledge, and its commitment to its clients. In Africa, W Hospitality Group has to date worked in 39 countries on the continent, from its Lagos and Addis Ababa offices.

About the Forum de l'Investissement Hôtelier Africain (FIHA)

FIHA is the premier hotel investment conference in Francophone Africa, attracting many prominent international hotel owners, investors, financiers, management companies and their advisers. It is organised by Bench Events which has an established record of delivering high-level networking and thought leadership conferences for hospitality investment and aviation in Europe, the Middle East, Africa, Asia and Latin America. ‘Creating an impact’ is the core focus of Bench Events, as the company enables growth by facilitating deal opportunities.

Sponsors of FIHA are: Host Partner: Moroccan Agency for Tourism Development (SMIT); Platinum Sponsor: AccorHotels; Gold Sponsor: Horwath HTL, Louvre Hotels Group, Radisson Hotel Group and Groupe Tikida.

[Bench Events]


This press release has been posted by...
W Hospitality Group
Plot 10, Babatunde Crescent, off Oniru Market Road,
Lagos
Nigeria

Website



This press release has been choosen by Frédéric Abadie

Frédéric Abadie
Managing editor of Journal des Palaces, previously editor-in-chief for French radios and newspapers, founder of news agencies for Internet service provider (1998-2002) and author of French politicians biographies.


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