Tag: Hospitality industry
COVID-19 has disrupted the global business ecosystems with Africa’s hospitality industry not exempted from the effects of the pandemic. The Radisson Hotel Group with just under 100 hotels across Africa is aiming to grow that number to 150 in the next 5 years. Moyo Ogunseinde, Executive Director of Anchorage Leisures, the company that owns Radisson Blu Anchorage joins CNBC Africa for more.
From today leisure accommodation is allowed in South Africa as the move to level 2 lock-down will permit a number of relaxed restrictions on the movement of people and opening of businesses. Joining CNBC Africa to unpack what this will mean for an accommodation business is Bart Dorrestein, CEO of Legacy Hotels & Resorts.
Despite measures put in place in the hospitality industry to contain the spread of the coronavirus, hotels are already feeling the impact of the virus outbreak. Jean Nepomuscene Bazimaziki, Director Manager of Ruhondo Beach Resort for more.
With a number of events scheduled to be held in different countries in the region postponed or cancelled due to the coronavirus outbreak, the hospitality industry is counting losses and evaluating possible recovery strategies. Earlier we were joined by Nsengiyumva Barakabuye, President of Rwanda Hospitality Association joins CNBC Africa for more.
The hospitality industry is projected to witness a compound annual increase of 5.4 per cent from 2017 to 2022 according to PricewaterhouseCoopers. Ayomide Condotti, Managing Director of AfricHolidays joins CNBC Africa to discuss the expectations for the travel and tourism industry this year.