Marriott’s Africa expansion gathers momentum

TD Guest Writer

Guest Writers are not employed, compensated or governed by TD, opinions and statements are from the specific writer directly

A Marriott property in Africa
A Marriott property in Africa

Marriott International has showcased its aggressive Africa schedule which is fast gathering momentum. The Group’s schedule namely is 30 property openings across the continent by 2020, nine of which will open by end of 2015.

Alex Kyriakidis, president and managing director, Marriott International Middle East and Africa said: “Over the next few years, we plan to expand our presence even further from 10 countries to 17 with a capital investment by Marriott’s real estate partners of US$1.5 billion across the continent. With it, we will create jobs and support local communities in the markets we inhabit.”

With a strong eye on the extended stay segment a new Residence Inn by Marriott Kampala Kololo has just been signed. This brings the total property count under the Protea Hotels and Residence Inn brands in Uganda alone to three. Further openings will follow in 2015 across the continent with openings in South Africa, Nigeria and Uganda, as well as Marriott International’s first properties in Ethiopia, Ghana and Rwanda.

By 2020, in Africa, Marriott International is set to go from 120 properties, 14,000 rooms across 10 markets, to 150 properties with 19,000 rooms across 17 markets. As a result, the company which currently employs 21,000 associates across Africa will see its work-force increase by 10,000.

Klook.com

EXPERT OPINION

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