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The HVI is the authoritative guide to U.S. hotel values, giving hotel stakeholders an educated edge in buying, selling, and holding opportunities. This online tool provides historical and projected values and RevPAR for the Kenya - Nairobi market.
While East Africa’s travel, tourism and hospitality sectors have faced various challenges in recent years, there are encouraging signs of growth, as Hala Matar Choufany, president - HVS Middle East, Africa and South Asia, points out.
As 2023 ends, regional HVS leaders across the globe take a look back at how the global hotel industry fared this year. Overall, operating metrics shined brightly, with revenue growth achieved in most global markets, while investment activity cooled. The investment market is expected to improve in 2024.
This article highlights the strength of the Kenyan economy and the hotel market in Nairobi, including a forecast of average rate, occupancy and RevPAR for the next five years.
Nairobi is one of the key markets in Sub-Saharan Africa. This article explores tourism trends and hotel developments before evaluating hotel performance from 2009 to 2011 and providing five-year forecasts of occupancy, average rate and RevPAR.