North Africa achieved a modest 7.5 percent pipeline increase, while sub-Saharan Africa is witnessing a strong growth of 42.1 percent year-on-year.

Due to a major deal signed by AccorHotels, Angola saw a major shake-up in the country rankings. Never before listed among the top 10, it has now knocked Egypt out of second place.

“For business, trade and capital investment, the continent remains an attractive proposition, leading to continuing demand for accommodation and other hospitality services,” said Matthew Weihs, managing director, Bench Events, organisers of the African Hotel Investment Forum, coming up in October.