NAIROBI, KENYA – From the Africa Hotel Investment Forum (AHIF) in Nairobi, Kenya, Marriott International announced rapid expansion plans across Africa.
The newest hotel signings are securing the company’s presence in Ghana, Kenya, Morocco and South Africa and introducing it into Mozambique. Marriott International says it is on its way to increasing its portfolio by 50 percent with more than 200 hotels and over 37,000 rooms by 2023 expecting to create 12,000 new jobs.
Marriot International said it expects the move to trigger investment of more than $250 million by the property owners and create significant economic activity. The company credits a strong demand for select-service brands and conversion opportunities to driving its growth. This is magnified by the hotel signings, including the Marriott Marrakech Hotel in Morocco. Recent conversions include Four Points by Sheraton Nairobi, Hurlingham, Four Points by Sheraton Arusha, The Arusha Hotel, Tanzania and the Mena House, Cairo.
Today, Marriott International exists in 21 countries in Africa: Algeria, Djibouti, Egypt, Ethiopia, Gabon, Ghana, Guinea, Kenya, Malawi, Mali, Mauritius, Morocco, Namibia, Nigeria, Rwanda, Seychelles, South Africa, Tanzania, Tunisia, Uganda and Zambia. The company expands to move into new markets including Benin, Botswana, Ivory Coast, Mauritania, Mozambique and Senegal.
Marriott International is headquartered in Bethesda, Maryland, USA. The company has a portfolio of over 6,700 properties in 30 hotel brands in 130 countries and territories.