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How We Know African Tourism Is Rising

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Trader’s remarks: Buoyed by strong growth in Africa’s tourism sector, a number of the world’s largest hotel chains are investing heavily in expanding their geographical footprints on the continent. The massive growth in hotel chains is also the result of a history of under-supply of quality accommodation. Lastly, Africa’s demographic profile also offers opportunities. By 2050 Nigeria will be the third most populated country in the world leading to higher occupancy at hotels.

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