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How COVID-19 Impacted Travel & Tourism Industry Globally
- September 28, 2020
- Posted by: Alaae Sbai
- Category: Blog Category, Business Strategy, Economics, Travel, Logistics & Hospitality, Worldwide
No CommentsThe Travel and Tourism Industry In the past decades, tourism has experienced continued growth and became one of the fastest growing economic sectors globally. The sector witnessed a 59% growth over the decade in international tourists’ arrivals from 1.5 billion 2019 compared to 880 million in 2009. Tourism is also a key driver for socio-economic
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Travel and Tourism Growth in Northern African
- November 10, 2017
- Posted by: Mona Abisourour
- Category: Africa, North Africa, Travel, Logistics & Hospitality
Travel and Tourism Growth in Northern Africa Sharing the same Mediterranean coast, ethnic cultural and linguistic identity, the North African region – comprising of Morocco, Egypt, Libya, Tunisia, Algeria, and Sudan, – have been experiencing novel growth dynamics in the field of travel and tourism. Half of the North African region, namely Egypt, Libya, and
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An Introduction to Trans-Regional Railways in Africa
- July 24, 2017
- Posted by: Mona Abisourour
- Category: Africa, Blog Category, Travel, Logistics & Hospitality
The African Route A Vision Economics have forever known an alchemy-like effect to an equation comprised of resources, gates to the world and logistical facilities. Application of such combination can be seen as early as the Silk Road or as recently as the Trans-European railway network. The impact of such complementary factors is usually the intensification
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Tourism in Morocco: The Challenges of a Promising Sector
- October 1, 2015
- Posted by: admin
- Category: Africa, North Africa, Travel, Logistics & Hospitality
Background and perspectives Morocco offers multiple types of destinations for tourists. First, it has almost 3000km of coastline which makes it a top destination for seaside activities; second, it is rich of history and offers cultural activities with entire cities being classified as world heritage sites by UNESCO; also, mountains and desert offer unique experience
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Aviation: Africa’s Sleeping Industry
- November 24, 2014
- Posted by: Ali MHAMEDI
- Category: Africa, Travel, Logistics & Hospitality
One of the main drivers of the aviation industry is the economic growth and development. There is a proved correlation between the amount of air travel and Gross Domestic Product (GDP) around the world that can be observed in the two graphs bellow (MIT). Now taking the example of China as a starting point to
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The Luxury Real Estate Market in West Africa (2/2)
- May 23, 2014
- Posted by: Fatou NDIAYE
- Category: Travel, Logistics & Hospitality, West Africa
In my previous article published in March, I gave you a general overview of luxury real estate market in Western Africa with a focus on Nigeria and Ghana. Today let us talk about some major projects initiated in Senegal and Côte d’Ivoire. Senegal: A new wind is blowing for the luxurious real estate market With
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The Luxury Real Estate Market in West Africa (1/2)
- March 18, 2014
- Posted by: Fatou NDIAYE
- Category: Travel, Logistics & Hospitality, West Africa
West African countries represent a population of 245 million of inhabitants. With a yearly average income of $309 for each person, the region‘s economic growth has yearly reached 2.5%[1]. The International Monetary Fund (IMF) expects that globally sub-Saharan Africa’s growth will continue with an annual GDP growth forecast of 5-6%[2] over the next five years.
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The African hospitality and lodging market: a lack of international branded supply creating new opportunities for private investors
- October 25, 2013
- Posted by: Sabrina STANSFIELD
- Category: Africa, Travel, Logistics & Hospitality
Africa achieved a real GDP CAGR of 5.2% over 2005-2010, in comparison with 2.0% for Western Europe and 3.4% for the world. IMF expects a 5.5% CAGR for African real GDP over 2010-2015, in comparison with 1.9% in Western Europe and 4.5% for the world. This sustained and broad-based economic development has triggered an increasing