Hospitality

INTO AFRICA November Edition: Spotlight on Africa’s Real Estate

Posted on by The Editorial Team
INTO AFRICA November Edition: Spotlight on Africa’s Real Estate

LAGOS, Nigeria, Capital Markets in Africa: Welcome to the November edition of INTO AFRICA, a publication with fresh insight into Africa’s emerging capital markets. In this edition, we bring a selection of insights on Real Estate and Property Investment prospects and challenges in Africa. Please download by clicking: INTO AFRICA PUBLICATION: NOVEMBER EDITION.  Macroeconomic pressures continue to bear on economies in the African region. Low commodity prices, slowing global demand and uncertainty in the FX markets as well as weakening GDP…

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Marriott to Nearly Double Workforce in Mideast, Africa

Posted on by The Editorial Team
Marriott to Nearly Double Workforce in Mideast, Africa

LAGOS, Capital Markets in Africa: Marriott International Inc., which became the world’s largest hotel operator with its $14 billion purchase of Starwood Hotels & Resorts Worldwide Inc., plans to almost double its workforce in the Middle East and Africa over the next three years. The company expects to add 30,000 more people to its regional workforce of 41,000 as new properties are opened, Marriott’s regional president Alex Kyriakidis said on Sunday. About 6,000 of the new jobs…

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