Côte d'Ivoire's economy booms after opening of shopping mall

Côte d'Ivoire's most extensive shopping and leisure centre sees record footfall in opening weeks...

24 Dec 2018

Radisson signs RED Hotel in Abidjan

The Radisson RED Hotel Abidjan, which is scheduled for the Ivorian hospitality industry in 2021, is the Radisson Hotel Group's second Radisson RED signing in Africa...

23 Oct 2018

How building eco-friendly hotels can help develop ROI

In this day and age, building 'green' should be the norm rather than the exception, however, misconceptions on green building 'tax' still seem to hinder the decision...

19 Oct 2018

HVS' Hotel Valuation Index reveals Africa hotel market evolving despite challenges

The fifth edition of the HVI analysed the hotel values of 26 markets operating in 19 African countries, providing crucial information for investors...

6 Sep 2018

Africa's hotel market proves resilient in latest PwC findings

The hotel industry's potential for business growth has been reflected in the increase in the number of foreign and domestic travellers visiting the continent, as well as in the number of hotel chains established...

5 Jul 2018

THINC Africa 2018 a boost in African tourism

"There's a consistently negative stigma around travelling in Africa which has been snowballing for years. We need to position ourselves correctly and draw attention to the positive experiences that can be had here."

3 Jul 2018

Hotel Verde Zanzibar opens doors to guests, promotes responsible tourism

On 21 March 2018, Hotel Verde Zanzibar - Azam Luxury Resort & Spa will open its doors to guests for the first time...

6 Mar 2018

#BizTrends2018: The new rules of retail

If you're searching for proof that retail as we know it is changing, look no further than Shanghai's 24-hour, unstaffed, self-driving grocery store...

By Lauren Hartzenberg 29 Jan 2018

African fund eyes JSE

JSE investors will gain access to the dollar-based returns generated by shopping centres, offices, warehouses and hotels in countries such as Morocco, Mozambique, Kenya, Ghana and Nigeria when Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the market next month.

By Joan Muller 20 May 2014

Truworths slows drive into Africa

Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week.

By Zeenat Moorad 30 Sep 2013

Africa fund heads for JSE

Three years ago only a handful of formal shopping centres exceeding 10,000m² were scattered across Africa north of SA's borders. And not a single JSE-listed property company had a presence on the continent.

By Joan Muller 16 Sep 2013

Retailers hit sweet spot in Africa

Africa's scope for investment is steadily increasing and demand for more formal retail options from shoppers is following suit.

By Zeenat Moorad 26 Aug 2013

Franchise sales up 16.8% for Famous Brands

Famous Brands has reported that its franchise sales increased 16.8% in the March to May quarter with a 16% improvement in South Africa and a 27.2% improvement in the rest of Africa region.

19 Jun 2013

Tourism growth outlook looks strong

Auditing firm PwC on Thursday (13 June) projected total room revenue in SA would grow at a compound annual rate of 9.2% between now and 2017 after overall spending on rooms in all categories rose by 13.4% in 2012 to R15.2bn‚ reflecting an increase in stay-unit nights and a 5.3% rise in the average room rate.

By Helmo Preuss 14 Jun 2013

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