The hospitality sector is more broadly focused on leisure. As a result, it includes lodging, dining establishments, drinking establishments, coffee shops, nightlife, and several travel and tourism services.
While hospitality is a more general and wide phrase than hotel management, which deals directly with all hotel operations All the industries that demand service, including food and beverage, lodging, and event management, are strongly allied with hospitality and tourism management.
Over time, the hospitality sector has changed. It is now among the most fulfilling occupations, with opportunities for speedy advancement and a promising future. Within the service sector, there are many different industries that fall under the umbrella of the hospitality industry, including accommodation, food and beverage service, event organizing, theme parks, travel agencies, tourism, hotels, restaurants, and bars.
The Hotel Industry in South Africa accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Seven new hotels are being opened in Africa by the Radisson Hotel Group, maintaining the region’s overall economic trend. With the signing of seven new hotels, the Radisson Hotel Group is able to expand its portfolio in Africa by over 1,400 rooms, continuing its ambitious growth strategy.
With a new market entry in Gambia and the launch of new brands in important markets, including the first Radisson Collection hotels in Nigeria and Egypt, the first Radisson RED hotel in Nigeria, and the launch of the Radisson brand in Kenya, the new hotels expand the Group’s brands, spanning from upscale to premium luxury lifestyle.
With at least seven new hotels set to open and more than 1,400 rooms, Radisson Hotel Group, one of the continent’s fastest-growing hotel chains, wants to further bolster its strong African footprint.
These openings include the Group’s first hotels in Ghana and Reunion Island as well as the expansion of its resort footprint in South Africa, Egypt, and Tunisia as well as Casablanca and Saadia in Morocco.
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