Four Seasons Hotels and Resorts and Alshaya, a leading international retail franchise operator, today announced plans for a Four Seasons hotel in Kuwait. Located in downtown Kuwait City, Four Seasons Hotel Kuwait at Burj Alshaya will open in early 2017 as part of Alshaya's new Burj Alshaya mixed-use development.
STR analysts attribute the markets overall performance declines to supply growth substantially outpacing demand.
Investor sentiment for hotels in Sub-Saharan Africa remains positive despite economic headwinds in key markets, according to the latest JLL research into the sector. The long-term outlook continues to be strong and is driven by positive economic, demographic and tourism trends, with all indicators pointing to continued hotel demand growth as the regions economy and hotel sector continue to mature.
Announces Africas first modular build hotel, the 280 guest-room Hilton Garden Inn in the Ghanaian capital of Accra, a concept that Hilton first premiered in 2014 through a partnership with CIMC Modular Building Systems.