Africa still the ‘go to’ place for investors

Africa remains the “go to” place in the world, in as far as hotel investment and growth is concerned — and it will be for some time to come” says one of South Africa’s leading economists and Chief Economist for Investment Solutions, Chris Hart.Addressing delegates at the recent Hotel Investment Conference Africa (HICA), which was held in Johannesburg, South Africa, from 14th to 16th September, Hart touched on the contentious issue of South Africa’s new immigration regulations and said it was critical for Governments to remove obstacles which serve as barriers to investment.

In addition, he urged for a greater level of tourism cooperation between countries to link and package the Continent’s most iconic and unique tourism opportunities.”

This year’s conference brought together key decision-makers in the travel and hospitality sector, which included regional and international hoteliers, investors, developers and senior public sector leaders.

Highly regarded as Africa’s premier hotel investment platform, the conference continues to be an important meeting place where industry movers and shakers can network, promote hotel projects and engage on matters pertaining to hotel development in the Sub Saharan Africa (SSA) region. — Travel News.

 

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