Rwanda: Marriott announces 7 new hotel signings in Africa
Marriott International has announced expansion plans in Africa, with seven new properties set to open.
The announcement was made today at the Africa Hotel Investment Forum (AHIF) in Kigali, Rwanda.
The company will expand into new markets including Benin, Botswana and Senegal. It has signed 1300 new rooms, establishing the debut of Marriott International in the Ivory Coast whilst strengthening its presence in markets including Ethiopia, Ghana and Nigeria.
Marriott International was the first global chain to make a significant investment in Africa with the acquisition of Protea Hotels for $210 million in 2014. Marriott International is already present in twenty African countries including Tanzania, Mali and Nigeria.
Alex Kyriakidis, President and Managing Director, Middle East and Africa, Marriott International said: “We have always believed in the potential of Africa and the opportunities the continent has to offer. With economic growth, a rising middle class and rapid urbanization, the demand for travel and high quality lodging is growing, providing us with a significant opportunity to enhance our footprint and play our part in supporting many emerging markets across the continent.”
