East African Hotel markets emerging from High Supply Growth Cycle

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Following a peak in the economic and hotel demand cycle in 2014, supply growth in East Africa has been at an unprecedented high level during the past three years. Demand fundamentals have been strong in a region which has experienced the highest level of economic growth in Africa in recent years. Yet supply growth, with […]

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JLL forecasts improved hotel sector performance for Sub-Saharan Africa in 2018

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We at JLL Sub-Saharan Africa forecast an improved hotel performance and investment climate in Sub-Saharan Africa for 2018, with the budget and midmarket segments showing the strongest demand fundamentals. Global investor interest is likely to increase with a search for yield in a long global real estate cycle, as well as demand for platform investments […]

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Critical investment lessons for the Sub-Saharan Africa hotel sector

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Allan Wantenaar, Associate at JLL’s Hotels & Hospitality Group, shares learnings from the 2017 Spotlight on Africa – Hotels Overview report that are driving a deeper understanding and more moderate approach to hospitality investment on the continent. A decade of change Was Sub-Saharan Africa ready for the past supply cycle? Ten years ago, the positive outlook […]

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Spotlight on debt lending in the African hospitality space

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James Nathan, Associate: Capital Markets, Hotel & Hospitality Group, JLL has identified that the majority of active lenders in Sub-Saharan Africa have shown an improved understanding of the fundamentals and operating structures that impact overall hotel performance. Prominent commercial, development and alternative lenders were interviewed with the aim of providing a holistic and accurate outlook […]

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Beyond the beach: Why the Indian Ocean islands are a hit with investors

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The crystal-clear waters and palm-tree fringed beaches of the Indian Ocean islands have long been favorites with well-heeled European tourists. Now, there’s a growing shift towards the Asian market; better air connections between the islands of the Indian Ocean and the rest of Asia are set mark a new chapter in higher-end tourism. A recent agreement […]

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State of hotel investment in Africa: headwinds and opportunities

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Hotel performance and investment sentiment across Africa has been mixed so far in 2016, with global uncertainty and resource price volatility impacting regional markets. There continue to be many high growth markets, yet the pace of demand growth is disparate across the continent. East Africa and South Africa have good demand fundamentals, while North Africa […]

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