Confidence in Africa’s hospitality industry is growing on the back of a strong 2023 which saw the majority of hotels and suppliers meeting their expectations in terms of improved financial performance, increased occupancies and positive customer feedback.
Presented at the Hotel & Hospitality Africa Expo at the Sandton Convention Centre on June 11, the 2024 African Hospitality Confidence Index – compiled by Moore Global in conjunction with dmg events – surveyed 537 hotels in 30 African countries. More than 50% of the surveyed respondents were based in South Africa.
Almost two-thirds of respondents (65%) indicated that their businesses had now recovered from global pandemic disruptions within their expected timeframes, and 69%…