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Home News Travel & Tourism

Africa’s booming hospitality industry set to reach $731.4bn by 2032

admin by admin
March 20, 2024
in Travel & Tourism
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The demand for innovative hospitality solutions is booming as Africa’s travel and tourism sector surges, fueled by a growing middle class and a predicted CAGR of 8.9%, or $731.4bn, by 2032 in the “bleisure” market. A recent report by Africa Outlook predicts Africa will be the world’s second-fastest-growing tourism region in 2024, driven by a resurgence in travel and investment. To meet this demand, the Hotel & Hospitality Expo Africa, in its…



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