Tag: HTI Consulting
African hotel markets experience sound transactional activity
Though Africa remains a market where hotel real estate investment is typically dominated by development, increasing transactional activity is providing much needed liquidity. However, when it comes to hotel investment in Africa, as with anywhere in the world, various factors and influences are impacting acquisition trends and cycles. “Of these factors, currency fluctuations are but one,” said Daniel Trappler, Vice President Transactions & Capital Markets for specialist hospitality and tourism consultancy firm, HTI Consulting. “Political and economic stability, the threat of terrorism, oil and commodity prices, accessibility and visas; all these remain central issues for tourists, commercial travelers and investors ... Read more
Ghana raises Africa’s leisure tourism bar
“Continued economic growth in many African countries is driving greater interest in the continent from a tourism perspective but it’s interesting to see that Ghana, in particular, is proving increasingly attractive as a leisure tourism destination,” says Wayne Troughton, CEO of specialist global hospitality and tourism consultancy HTI Consulting. “In many ways this is not surprising,” he says, “particularly considering Ghana’s natural beauty and unspoiled coastline, its cultural and historical heritage as well as it’s relative political safety under the new government elected in December 2016,” he states. “But, in the past, these assets remained largely underexplored by foreign visitors, many ... Read more