AHIF 2017: Rwanda moves into top ten in Africa

AHIF 2017: Rwanda Moves Into Top Ten In Africa

AHIF 2017: Rwanda moves into top ten in Africa

The Rwandan hotel investment market has increased strongly over the last eight years, according to the African Hotel Report 2017 by Hotel Partners Africa.

AHIF 2017: Rwanda Moves Into Top Ten In Africa

According to research to be released at Africa Hotel Investment, Rwanda has entered the top ten most valuable countries in Africa for hotels for initially.

AHIF 2017: Rwanda Moves Into Top Ten In Africa

In addition, with average growth in hotel values of 8.8 per cent over the last eight years, Rwanda experienced the sixth highest growth on the continent over which period.

AHIF 2017: Rwanda Moves Into Top Ten In Africa

“which values have increased in 2017 despite the large influx of fresh supply within the last two years is actually testament to the confidence which investors have within the stability of the government along with the overall investment climate,” said David Harper, the report’s author for Hotel Partners Africa.

AHIF 2017: Rwanda Moves Into Top Ten In Africa

Rwanda is actually held out by many as a beacon across Africa for property investment.

AHIF 2017: Rwanda Moves Into Top Ten In Africa

With an ease of doing business rating of 67 (out of 189) coming from the entire world Bank along that has a property rights protection rating ranked at 28 (out of 145), investors have found the climate conducive to property deals.

AHIF 2017: Rwanda Moves Into Top Ten In Africa

The government’s concentration on providing infrastructure, reducing ‘red tape’ along with stamping out corruption has all enabled foreign investors to feel confident within the country’s future.

Some four fresh branded hotels with 544 rooms are planned for Kigali.

“This particular report shows which the hotel industry in Africa is actually still a very Great investment, despite the cyclical nature of the property market.

“However, Great advice is actually vital to help ensure you make the most of This particular very promising investment opportunity along with avoid some of the potential pitfalls which can ensnare the less experienced hotel investor,” concluded Harper.

AHIF 2017: Rwanda moves into top ten in Africa

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