Africa Hotel Market Size By Business Model (Individual and Chain), By Type (Luxury Hotel, Boutique Hotel, Transit Hotel, Casino Hotel, and Others), By Geographic Scope And Forecast -Global Trends and Forecasts(2025 to 2034)
Description
Africa Hotel Market Size And Forecast
According to Factview Research, The Africa Hotel Market was valued at USD 4458.39.2 Million in 2024 and is projected to reach USD 7244.28.9 Million by 2034, growing at a CAGR of 5.5% from 2024 to 2034.
Africa Hotel Market Overview
The rise in the number of business visitors in Africa has boosted the hotel market in the region. Business-enabling reforms from some governments have seen the potential in diversifying the tourism sector. Various countries such as Rwanda, Kenya, and South Africa have undertaken initiatives to position themselves as locations for conferences and exhibitions. Also, the improvements in travel between African countries have helped significantly in market growth.
Africa Hotel Market, Competitive Landscape
The Africa Hotel Market is highly fragmented with the presence of a large number of major companies including Accor, Radisson Hotel Group, Hilton, Marriot International, Hyatt, and many others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players Globally.
According to Factview Research, The Africa Hotel Market was valued at USD 4458.39.2 Million in 2024 and is projected to reach USD 7244.28.9 Million by 2034, growing at a CAGR of 5.5% from 2024 to 2034.
Africa Hotel Market Overview
The rise in the number of business visitors in Africa has boosted the hotel market in the region. Business-enabling reforms from some governments have seen the potential in diversifying the tourism sector. Various countries such as Rwanda, Kenya, and South Africa have undertaken initiatives to position themselves as locations for conferences and exhibitions. Also, the improvements in travel between African countries have helped significantly in market growth.
Africa Hotel Market, Competitive Landscape
The Africa Hotel Market is highly fragmented with the presence of a large number of major companies including Accor, Radisson Hotel Group, Hilton, Marriot International, Hyatt, and many others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players Globally.
Table of Contents
202 Pages
- 1 Introduction
- 1.1 Market Definition
- 1.2 Market Segmentation
- 1.3 Research Timelines
- 1.4 Assumptions
- 1.5 Limitations
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Secondary Research
- 2.3 Primary Research
- 2.4 Subject Matter Expert Advice
- 2.5 Quality Check
- 2.6 Final Review
- 2.7 Data Triangulation
- 2.8 Bottom-up Approach
- 2.9 Top Down Approach
- 2.1 Research Flow
- 2.11 Data Sources
- 3 Executive Summary
- 3.1 Market Overview
- 3.2 Africa Hotel Market, By Type (Usd Million)
- 3.3 Africa Hotel Market, By Business Model (Usd Million)
- 3.4 Future Market Opportunities
- 4 Market Outlook
- 4.1 Africa Hotel Market Outlook
- 4.2 Market Drivers
- 4.2.1 Globalization Leading To Surge Of Interest In Africa From International Tourists
- 4.3 Market Restraints
- 4.3.1 Emergence Of Shared Accommodation
- 4.4 Market Opportunities
- 4.4.1 Improvement In Travel Between African Countries
- 5 Market, By Type
- 5.1 Overview
- 5.2 Luxury Hotel
- 5.3 Boutique Hotel
- 5.4 Transit Hotel
- 5.5 Casino Hotel
- 5.6 Others
- 6 Market, By Business Model
- 6.1 Overview
- 6.2 Individual
- 6.3 Chain
- 7 Market, By Geography
- 7.1 Africa
- 7.1.1 South Africa
- 7.1.2 Nigeria
- 7.1.3 Mauritius
- 7.1.4 Kenya
- 7.1.5 Rest Of Africa
- 8 Competitive Landscape
- 8.1 Overview
- 8.2 Key Development Strategies
- 8.3 Company Ranking Analysis
- 9 Company Profiles
- 9.1 Marriott International Inc.
- 9.1.1 Company Overview
- 9.1.2 Company Insights
- 9.1.3 Segment Breakdown
- 9.1.4 Product Benchmarking
- 9.1.5 Key Development
- 9.1.6 Swot Analysis
- 9.2 Accor
- 9.2.1 Company Overview
- 9.2.2 Company Insights
- 9.2.3 Segment Breakdown
- 9.2.4 Product Benchmarking
- 9.2.5 Key Development
- 9.2.6 Swot Analysis
- 9.3 Hilton
- 9.3.1 Company Overview
- 9.3.2 Company Insights
- 9.3.3 Product Benchmarking
- 9.3.4 Swot Analysis
- 9.4 Radisson Hospitality Ab
- 9.4.1 Company Overview
- 9.4.2 Company Insights.
- 9.4.3 Product Benchmarking
- 9.4.4 Key Development
- 9.5 Intercontinental Hotels Group
- 9.5.1 Company Overview
- 9.5.2 Company Insights
- 9.5.3 Segment Breakdown
- 9.5.4 Product Benchmarking
- 9.5.5 Key Development
- 9.6 Hyatt
- 9.6.1 Company Overview
- 9.6.2 Company Insights
- 9.6.3 Product Benchmarking
- 9.6.4 Key Development
- 9.7 Best Western
- 9.7.1 Company Overview
- 9.7.2 Product Benchmarking
- 9.8 Golden Tulip
- 9.8.1 Company Overview
- 9.8.2 Product Benchmarking
- 9.9 Rotana
- 9.9.1 Company Overview
- 9.9.2 Product Benchmarking
- 9.10 Meli Hotels International
- 9.10.1 Company Overview
- 9.10.2 Company Insights
- 9.10.3 Product Benchmarking
- List Of Tables
- Table 1 Africa Hotel Market, By Type, 2017 2026 (Usd Million)
- Table 2 Africa Hotel Market, By Business Model, 2017 2026 (Usd Million)
- Table 3 Africa Hotel Market, By Country, 2017 2026 (Usd Million)
- Table 4 South Africa Hotel Market, By Type, 2017 2026 (Usd Million)
- Table 5 South Africa Hotel Market, By Business Model, 2017 2026 (Usd Million)
- Table 6 Nigeria Hotel Market, By Type, 2017 2026 (Usd Million)
- Table 7 Nigeria Hotel Market, By Business Model, 2017 2026 (Usd Million)
- Table 8 Mauritius Hotel Market, By Type, 2017 2026 (Usd Million)
- Table 9 Mauritius Hotel Market, By Business Model, 2017 2026 (Usd Million)
- Table 10 Kenya Hotel Market, By Type, 2017 2026 (Usd Million)
- Table 11 Kenya Hotel Market, By Business Model, 2017 2026 (Usd Million)
- Table 12 Rest Of Africa Hotel Market, By Type, 2017 2026 (Usd Million)
- Table 13 Rest Of Africa Hotel Market, By Business Model, 2017 2026 (Usd Million)
- Table 14 Marriott International Inc.: Product Benchmarking
- Table 15 Marriott International Inc.: Key Development
- Table 16 Accor: Product Benchmarking
- Table 17 Accor: Key Development
- Table 18 Hilton: Product Benchmarking
- Table 19 Radisson Hospitality Ab: Product Benchmarking
- Table 20 Radisson Hotel Group: Key Development
- Table 21 Intercontinental Hotels Group: Product Benchmarking
- Table 22 Intercontinental Hotels Group: Key Development
- Table 23 Hyatt: Product Benchmarking
- Table 24 Hyatt: Key Development
- Table 25 Best Western: Product Benchmarking
- Table 26 Golden Tulip: Product Benchmarking
- Table 27 Rotana: Product Benchmarking
- Table 28 Rotana: Key Development
- Table 29 Meli Hotels International: Product Benchmarking
- List Of Figures
- Figure 1 Africa Hotel Market Segmentation
- Figure 2 Research Timelines
- Figure 3 Data Triangulation
- Figure 4 Market Research Flow
- Figure 5 Data Sources
- Figure 6 Africa Hotel Market Overview
- Figure 7 Africa Hotel Market, By Type (Usd Million)
- Figure 8 Africa Hotel Market, By Business Model (Usd Million)
- Figure 9 Future Market Opportunities
- Figure 10 Africa Hotel Market Outlook
- Figure 11 International Tourists In Africa (2017) &Amp; Africa Hotel Numbers By Chain (Dec 2017)
- Figure 12 Africa Hotel Market, By Type
- Figure 13 Africa Hotel Market, By Business Model
- Figure 14 Africa Market Snapshot
- Figure 15 Key Strategic Developments
- Figure 16 Marriott International Inc.: Company Insights
- Figure 17 Marriott International Inc.: Segment Breakdown
- Figure 18 Marriott International Inc.: Swot Analysis
- Figure 19 Accor: Company Insights
- Figure 20 Accor: Segment Breakdown
- Figure 21 Accor: Swot Analysis
- Figure 22 Hilton: Company Insights
- Figure 23 Hilton: Swot Analysis
- Figure 24 Radisson Hospitality Ab: Company Insights
- Figure 25 Intercontinental Hotels Group: Company Insights
- Figure 26 Intercontinental Hotels Group: Segment Breakdown
- Figure 27 Hyatt: Company Insights
- Figure 28 Meli Hotels International: Company Insights
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