Egypt is the leader in new hotel developments in Africa, Hospitality Net reports. There are currently 53 hotel projects underway in Egypt, according to an industry database. Morocco follows closely behind Egypt, with 50 total hotel projects currently under construction. Overall, “the new hotel construction pipeline for the African continent has begun to look healthier than it has in many years” with 336 new hotel construction projects underway.
More from Enterprise
The digital EGP won’t look different at checkout — but it will work nothing like InstaPay
Every instant payment today depends on your bank or telco.…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Egypt is fixing how deals get executed, but what pushes investors offshore runs deeper than the reforms on the table
Investment Ministry and a Senate committee are both moving to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…