Published: 06 June 2024
This episode of the AHIF podcast features Erwan Garnier, Development Director for Africa at Radisson Hotel Group. Erwan discusses Radisson's extensive presence across the continent, with over 100 hotels operational or under development in 32 African countries. He highlights their strategic focus on key markets like Morocco, Nigeria, South Africa, and Egypt, while also pursuing opportunities in emerging markets.
Erwan emphasizes the growing demand for serviced apartments and resorts alongside traditional business hotels. He underscores the importance of thorough due diligence, with a focus on realistic project costing and financing plans, to ensure successful project execution.
A key takeaway is the significant impact of government stability on investor confidence and project financing. Erwan concludes by emphasizing the importance of a stable political environment for attracting investment and propelling the growth of Africa's hospitality sector.