{"id":546979,"date":"2022-06-05T04:07:45","date_gmt":"2022-06-05T04:07:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/egypt-accounts-for-25-of-new-hotels-planned-in-africa\/"},"modified":"2022-06-05T04:07:45","modified_gmt":"2022-06-05T04:07:45","slug":"egypt-accounts-for-25-of-new-hotels-planned-in-africa","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/egypt-accounts-for-25-of-new-hotels-planned-in-africa\/","title":{"rendered":"Egypt accounts for 25% of new hotels planned in Africa"},"content":{"rendered":"

<\/a> Egypt has the deepest pipeline of hotel developments in Africa<\/strong>, according to the latest survey<\/a> of 42 African developers by W Hospitality Group. As of 1Q 2022, there were 85 hotels containing almost 21.3k rooms under development here \u2014 accounting for more than 25% of all new hotels planned in Africa and putting us comfortably above second-placed Morocco, where 50 new hotels are planned.<\/p>\n

Recent years have seen a boom in new projects:<\/strong> Construction is yet to begin on almost three-quarters of the hotels planned in Egypt, reflecting a \u201cyoung\u201d pipeline of projects. Twenty hotels with around 5.3k rooms were signed off on in 2021 alone. In contrast, most developments in other countries making up the top 10 are under construction, suggesting fewer new signings over the past two or three years.<\/p>\n

Riding out the storm:<\/strong> The spate of activity in Egypt has bucked the trend seen in many other African nations, where investment has dropped off due to the covid-19 pandemic and falling appetite for some of the continent\u2019s major markets. Egypt\u2019s tourism industry has slowly recovered from the pandemic over the past 18 months and the government now expects revenues of up to USD 12 bn<\/a> this fiscal year, up from just USD 4.9 bn last year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt has the deepest pipeline of hotel developments in Africa, according to the latest survey of 42 African developers by W Hospitality Group. As of 1Q 2022, there were 85 hotels containing almost 21.3k rooms under development here \u2014 accounting for more than 25% of all new hotels planned in Africa and putting us comfortably […]<\/p>\n","protected":false},"author":1,"featured_media":546980,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7377],"tags":[7098,72,955,316,238,234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tourism","tag-africa","tag-enterpriseam","tag-hospitality","tag-morocco","tag-tourism","tag-travel","wpautop","entry"],"acf":{"mongo_id":"daa91d26-3323-47e8-b299-dc431072aab2","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/6\/134.jpg","photo_position":"above","related_issue":[546966],"teaser":"","voice_url":""},"yoast_head":"\nEgypt accounts for 25% of new hotels planned in Africa - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/egypt-accounts-for-25-of-new-hotels-planned-in-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt accounts for 25% of new hotels planned in Africa\" \/>\n<meta property=\"og:description\" content=\"Egypt has the deepest pipeline of hotel developments in Africa, according to the latest survey of 42 African developers by W Hospitality Group. As of 1Q 2022, there were 85 hotels containing almost 21.3k rooms under development here \u2014 accounting for more than 25% of all new hotels planned in Africa and putting us comfortably […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/egypt-accounts-for-25-of-new-hotels-planned-in-africa\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-05T04:07:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/6\/134.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/egypt-accounts-for-25-of-new-hotels-planned-in-africa\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/egypt-accounts-for-25-of-new-hotels-planned-in-africa\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt accounts for 25% of new hotels planned in Africa\",\"datePublished\":\"2022-06-05T04:07:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/egypt-accounts-for-25-of-new-hotels-planned-in-africa\/\"},\"wordCount\":209,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/egypt-accounts-for-25-of-new-hotels-planned-in-africa\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/6\/134.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Africa\",\"EnterpriseAM\",\"hospitality\",\"Morocco\",\"tourism\",\"travel\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/egypt-accounts-for-25-of-new-hotels-planned-in-africa\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/egypt-accounts-for-25-of-new-hotels-planned-in-africa\/\",\"name\":\"Egypt accounts for 25% of new hotels planned in Africa - 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