Carlson Rezidor Hotel Group News

A visitor takes photographs from the Ou Kaapse Weg as seasonal fog covers the city of Cape Town. Almost 7,000 visas were issued by the South African embassy in the UAE for the first seven months of this year. Credit: thenational.ae/Mike Hutchings/Reuters

Hotel developers will invest billions of dollars in African projects over the next few years

Hotel developers will invest billions of dollars in African projects over the next few years as they seek to take advantage of a fast-expanding middle class and growing business travel.

Four Points by Sheraton, Lagos, Nigeria

Sheraton owner Starwood plans to add as many as 20 hotels in Africa as travel demand rises

Starwood Hotels & Resorts Worldwide Inc. (HOT) plans to add as many as 20 hotels in Africa over the next four years as the U.S. owner of the Sheraton and St Regis brands takes advantage of rising travel on the continent.