STR Global News

The Sheraton Hotel Addis Ababa, Club Room

Fact of the Day: Addis Ababa has Africa's highest hotel room rates

A price survey of international-grade hotels in select major African cities, produced by hospitality research firm STR Global, ahead of theAfrica Hotel Investment Forum (AHIF), taking place at the end of September, has revealed that Addis Ababa is the most expensive place for a good night’s sleep.

Africa has its luxury hotels, but not enough places for the mid-range traveler. (AP Photo/Ben Curtis)

Why Africa is a perfect market for Airbnb

Airbnb has ambitious plans for Africa, as its CEO, Brian Chesky, announced in Johannesburg on July 27.