Hospitality

Latest Hospitality News

Egypt signs $460 million hotel deals with Titanic, Hilton to boost tourism

Egypt’s $460 million hotel deals with Titanic and Hilton add resorts, hotel rooms and branded homes as tourism investment expands.

Timilehin Adejumobi November 12, 2026

Hospitality Business Tourism

Hilton makes Guinea debut with new DoubleTree Hotel in Conakry

Hilton brings its DoubleTree brand to Guinea with a 196-room Conakry hotel, marking a new step in its West African expansion.

Timilehin Adejumobi November 2, 2026

Mauritian resort group Lux Island Resorts

Hospitality Business Companies Hot News

Lux Island Resorts’ first-quarter profit rises 4.5% as revenue climbs to $52 million

Lux Island Resorts saw Q1 net profit rise 4.5% to $1.61 million as revenue climbed to $52 million, driven by strong Mauritius bookings.

Omokolade Ajayi October 30, 2026

Four Seasons Resort Mauritius at Anahita

Hospitality Business Hot News Lifestyle

Mauritius hotelier Riveo cuts losses as sales surge past $19 million

Mauritius hotelier Riveo cuts losses as sales top $19.52 million, driven by surging post-renovation bookings at its luxury island beachfront resorts.

Omokolade Ajayi October 30, 2026

Radisson Safari Hotel Hoedspruit -Verified net-zero hotel

Hospitality Luxury Tourism

Radisson Safari Hotel in Hoedspruit becomes Africa’s first Net-Zero hotel

Radisson Safari Hotel Hoedspruit becomes Africa’s first net-zero hotel, using solar power, electrification and waste reduction.

Timilehin Adejumobi October 29, 2026

Business Hospitality Luxury Tourism

Tsabedze family’s Afrirent doubles investment in $150 million Cape Town ThirtyFour18

Afrirent raises its Cape Town ThirtyFour18 investment to $150 million, backing a major mixed-use project near the city’s convention center.

Timilehin Adejumobi October 29, 2026

Tourism Hospitality Luxury

Marriott opens $66 million Edition Hotel in Cape Town

Marriott brings its Edition luxury hotel brand to Africa with a $66 million property at Cape Town’s V&A Waterfront.

Timilehin Adejumobi October 28, 2026

Hospitality Business Hot News

Sheraton Lagos owner, Ikeja Hotel, posts $3.9 million profit after wiping out borrowing costs

Sheraton Lagos owner Ikeja Hotel posted a 14% rise in net profit to $3.93 million, aided by zero borrowing costs and resilient corporate bookings.

Omokolade Ajayi October 27, 2026

Business Billionaires Hospitality

Filipino billionaire Tony Tan Caktiong takes Hotel101 to Africa with $100 million Cairo project

Filipino billionaire Tony Tan Caktiong backs Hotel101’s $100 million Cairo project as the hotel brand expands into Africa.

Timilehin Adejumobi October 22, 2026

Hospitality

Egypt signs $460 million hotel deals with Titanic, Hilton to boost tourism

Hilton makes Guinea debut with new DoubleTree Hotel in Conakry

Lux Island Resorts’ first-quarter profit rises 4.5% as revenue climbs to $52 million

Mauritius hotelier Riveo cuts losses as sales surge past $19 million

Radisson Safari Hotel in Hoedspruit becomes Africa’s first Net-Zero hotel

Tsabedze family’s Afrirent doubles investment in $150 million Cape Town ThirtyFour18

Marriott opens $66 million Edition Hotel in Cape Town

Sheraton Lagos owner, Ikeja Hotel, posts $3.9 million profit after wiping out borrowing costs

Filipino billionaire Tony Tan Caktiong takes Hotel101 to Africa with $100 million Cairo project

Trustco Group opens settlement talks over $330 million debt with major lenders

IFC backs MySol Ignite with $12.5 million financing to expand solar access in Nigeria

Mauritius’ MCB Group opens 2027 with $114 million profit

Kenyan businessman John Huba Waka’s Oilfields accuses Zakhem of using liquidation bid to block its $17 million claim

Co-op Bank backs Kenya’s shift to electric public transport with $11.5 million

Trustco Group opens settlement talks over $330 million debt with major lenders

IFC backs MySol Ignite with $12.5 million financing to expand solar access in Nigeria

Mauritius’ MCB Group opens 2027 with $114 million profit

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