2-4 November | Fairmont Taghazout Bay, Morocco
The Africa Hospitality Investment Forum (AHIF) is renowned to be the annual meeting place for the region’s most senior hospitality investors, developers, operators and advisors.
It is the leading hospitality investment forum that connects business leaders from the international and local markets, driving investment into tourism projects, infrastructure and hotel development across Africa.
We are delighted to confirm that the Africa Hospitality Investment Forum will return to Morocco in 2022 and we look forward to welcoming you back to the Kingdom of Light.
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Press Release
......Imad Barrakad, Chairman & CEO, SMIT, said: “We are delighted to be hosting AHIF once again and showcasing the opportunities that are available for investors outside of the established cities of Casablanca and Marrakech. As a country we are investing billions along the southern coast of Morocco and we look forward to welcoming the luminaries of the African hospitality industry to showcase the opportunities, build relationships with them and assure them that Morocco is a place they should prioritise for new initiatives.”
Morocco is an outstanding example of the benefits tourism can bring to a country’s economy and its investment attractiveness. Prior to the pandemic, the World Travel & Tourism Council (WTTC) reported that the Travel & Tourism sector was responsible for 21.2% of the country’s export revenue, $10.0 billion. In 2019, the industry was worth $14.6 billion, 12.1% of Morocco’s GDP, and was sustaining 1.3 million jobs, 12.3% of total employment.
According to the World Bank, tourism is expected to be a major driver of the country’s economy this year. In 2021, Morocco's GDP growth rebounded to 7.4%, which helped the country regain most of the output and job losses caused by the COVID-19 crisis. However, as real GDP is still 6.4% below the pre-pandemic trend it is encouraging for those looking to invest.
Investor Places
If you are a hotel owner or investor currently with hotel assets, or looking to acquire hotel assets, and would like to attend the conference as our guest, please contact Mala Patel
Criteria for Approval:
• Hospitality property owned or being developed in Africa over the next 12-24 months*
• Any other real estate investor with assets considering expanding into African hospitality sector
*Should you wish to keep your portfolio confidential, we will be able to deliver this.
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CONTACT US
MATTHEW WEIHS
Managing Director, the bench
M: +44 7858 511012
E: matthew.weihs@thebench.com
MALA PATEL
Event Director, the bench
M: +44 (0)7930 573621
E: mala.patel@thebench.com
