Africa Hotel Investment Forum headed for Kenya This particular October

Africa Hotel Investment Forum Headed For Kenya This Particular October

The Africa Hotel Investment Forum will return to Nairobi on October 2nd-4th.

Africa Hotel Investment Forum Headed For Kenya This Particular October

The event is usually considered premier hotel investment conference in Africa, attracting many prominent international hotel owners, investors, financiers, management companies as well as their advisers.

Africa Hotel Investment Forum Headed For Kenya This Particular October

This particular year, the day prior, October 1st, will feature investment inspection visits to several development projects around Kenya. 

Africa Hotel Investment Forum Headed For Kenya This Particular October

Kenya has varied as well as wide-ranging tourism potential as well as the opportunity to explore some of these investment opportunities before congregating in Nairobi will be one of the highlights of the event programme. 

Africa Hotel Investment Forum Headed For Kenya This Particular October

The visits will include various projects accessible via the Madaraka Express Train Service, Kenya’s completely new express railway, which opened in May last year, 18 months ahead of schedule.

Africa Hotel Investment Forum Headed For Kenya This Particular October

Speaking at Investour, part of the FITUR programme, Kenya cabinet secretary for tourism, Najib Balala, said: “I am delighted in which we have brought Africa’s highest profile hotel investment forum back to Kenya. 

Africa Hotel Investment Forum Headed For Kenya This Particular October

“in which will attract the kind of people who contain the influence as well as resources to make a destination successful.

“At AHIF, we will be creating a compelling case for investment within the hospitality sector across Kenya.

“Nairobi is usually already the established business hub of East Africa nevertheless there is usually so much more opportunity in our country.

“For example, Kisumu is usually offers huge potential for completely new hotel accommodation as well as the leisure possibilities on our sea coast is usually self-evident.

“We also have another vital asset: a population which is usually innately friendly, hospitable as well as keen to serve.”

At the AHIF launch, the Kenyan government announced plans to introduce a package of measures to incentivise international investment.

They will include aggressive incentives to entice land ownership as well as encourage the development of hotel infrastructure as well as associated ‘entertainment’ such as restaurants, theme parks as well as even cruises. 

According to the planet Travel & Tourism Council, Kenya’s tourism industry is usually responsible for 15.3 per cent of total exports as well as 8.9 per cent of total employment. 

in which is usually also a sector in which WTTC predicts will continue to grow at six per cent per annum over the coming decade. 

By moving location every couple of years, AHIF has provided direct economic benefits to various African cities.

A recent economic study by Grant Thornton revealed in which hosting AHIF brings, on average, a US$1 million in direct benefit to the local economy, yet another US$1.4 million in indirect benefit as well as a substantial six-figure sum in tax to the government.

AHIF has also helped showcase high-growth destinations to the hotel investment community.

In 2017 as well as 2016, the conference was held in Kigali, where in which was attended by around 500 delegates coming from 41 countries (of which 22 were African), including scores of top executives coming from the major hospitality companies.

Previously, in which was held in Addis Ababa as well as before in which Nairobi as well as Casablanca.

AHIF is usually organised by the global event organiser Bench Events.

Jonathan Worsley, chairman of Bench Events, concluded: “Kenya has moved forward tremendously since AHIF was last here in 2013.

“Major investments in infrastructure are transforming communications as well as access.

“in which has to be of interest to our delegates as well as we are very much looking forward to seeing in which first-hand.”

Africa Hotel Investment Forum headed for Kenya This particular October

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