Hotel News Resource;&#13


The Africa Hospitality Investment Discussion board (AHIF) will return as an in-person celebration in 2022, getting put  on 2 – 4 November, at the luxurious Fairmont Taghazout Bay, a 5-star resort with leisure  and enterprise amenities, upcoming to Agadir.

AHIF is Africa’s leading conference place of leaders in the hospitality sector, attracting hotel and actual estate traders, house owners and builders, global resort operator CEOs and distinguished advisory services from throughout the African continent and over and above. The event generates a dialogue and drives offers in between intercontinental traders and hospitality homeowners on the full African continent. To date, this year’s prime line sponsors include things like Host Husband or wife, SMIT, and Platinum Sponsors, Radisson and IHG.

Imad Barrakad, Chairman & CEO, SMIT, explained: “We are delighted to be internet hosting AHIF the moment all over again and showcasing the alternatives that are obtainable for investors outdoors of the established metropolitan areas of Casablanca and Marrakech. As a place, we are investing billions along the southern coast of Morocco and we look forward to welcoming the luminaries of the African hospitality marketplace to showcase the chances, construct relationships with them and assure them that Morocco is a area they really should prioritise for new initiatives.”

Morocco is an excellent case in point of the rewards tourism can provide to a country’s financial system and its financial commitment attractiveness. Prior to the pandemic, the World Journey & Tourism Council (WTTC) described that the Journey & Tourism sector was dependable for 21.2% of the country’s export income, $10. billion. In 2019, the market was worthy of $14.6 billion, 12.1% of Morocco’s GDP, and was sustaining 1.3 million jobs, 12.3% of whole work.

In accordance to the Entire world Financial institution, tourism is expected to be a major driver of the country’s financial state this calendar year. In 2021, Morocco’s GDP advancement rebounded to 7.4%, which assisted the country regain most of the output and job losses induced by the COVID-19 crisis. Even so, as serious GDP is still 6.4% beneath the pre- pandemic development it is encouraging for all those on the lookout to invest.

Matthew Weihs, Handling Director, The Bench, which organises AHIF, claimed: “Hosting AHIF in Taghazout will make it possible for us to raise the networking possibilities in the event. We want to fully utilise the resort and include into our programme garden or poolside talks and routines these types of as golf, tennis, or yoga. In addition to the keynote displays, panel discussions and exhibition showcase, we will provide our attendees with a actually immersive AHIF knowledge. As we have realised, nothing pretty matches an in-person occasion, when it comes to comprehending the difficulties of the second, evaluating the temper of the current market, sharing suggestions and meeting potential new enterprise associates.”

A the latest meeting of AHIF’s Advisory Board, comprising a choose team of senior sector  leaders, which includes: Mossadeck Bally, Founder and CEO, Azalai Resorts Group Rahul Chaudhary, CEO and MD, CG Corp World-wide & CG Hospitality Holdings Olivier Granet, Running Lover and CEO, Kasada Money Management Leila Farah Mokaddem, Director Normal Southern Africa, African Improvement Bank and Graham Wooden, COO, Sun International agreed the principal matters of dialogue at this November’s convention really should consist of:

  • Public-sector tourism financial commitment incentives
  • Worldwide financial overview on Africa
  • Investors’ view on possibilities
  • Contingency setting up and disaster administration
  • Option enterprise versions – franchise vs management
  • Localising a brand
  • Development of different lodging
  • Sustainability in hospitality

Moreover resort and destination investment decision, the AHIF 2022 programme will aspect a broad overview of hospitality from aviation to culinary experiences, and from contingency preparing to overseas financial commitment into Morocco.

In addition to the in-person party, two digital AHIF Marketspace events will take a deep dive into precise locations in Morocco and showcase the initiatives that are ripe for fast investment decision. The very first AHIF Marketspace will take put on 15 June (09:45 – 12:30 GMT + 1) with a target on Guelmim Oued Noun, a city in southern Morocco, often acknowledged as the Gateway to the Desert. Boasting a new airport, Guelmim is a single of the most promising seashore destinations in Morocco and, with an financial investment program of $1.2bn by the federal government, it is aiming to be one particular of the major places in the Kingdom.

These small 2-hour virtual situations ahead of AHIF will be no cost to go to and present further contact details for the AHIF community. The projects introduced will be loaded on to a secure platform with additional economical and task information and facts for traders to evaluate. There, they can also ask for non-public meetings with the undertaking house owners at their comfort. More Marketspace webinars on unique locations all around Africa and the Middle East will adhere to, offering buyers, homeowners, builders an on line catalogue of confirmed, investable tasks.

Registration for AHIF is now open up at www.AHIF.com