Hilton To Double Hotels In Africa In Next Five Years: CEO

One America News Network | 10/2/2018 | Staff
Celtics2212 (Posted by) Level 3
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NAIROBI (Reuters) – Hilton Worldwide Holdings plans to more than double its hotels in Africa in the next five years by mainly striking deals with existing hotels for conversion into its brand, its chief executive said.

International chains, including Marriott International and Hyatt Hotels , have been increasing their investments in Africa, which has some of the world’s fastest growing economies and a rising middle class.

Hilton - Curio - Collection - Hotel - Brand

Hilton plans to introduce its Curio Collection, an upscale hotel brand, on the continent, starting with a hotel at Lagos airport in Nigeria, Chris Nassetta, the company’s president and CEO, said.

“This hotel is a part of our strategy to connect guests to key cities and airport locations across the region,” he said in a statement issued on the sidelines of a hotel industry meeting in the Kenyan capital.

Continent - Urbanization - United - Nations - Forecasting

The continent continues to undergo rapid urbanization, with the United Nations forecasting that...
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