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Opportunities Abound in Africa

Published Tuesday, November 24, 2009

When Andrew McLachlan was hired as Rezidor Hotel Group’s vice president of business development for Africa, the Brussels-based management company had eight hotels in five countries across the continent. Now, less than three years later, Rezidor has 34 hotels in 13 countries and another 18 hotels under development. With development stalled here in the U.S. and China no longer an undiscovered country to the American hotel world, Africa has become one of the next great frontiers. “Everybody is very much aware of Africa as an emerging market with opportunities,” says McLachlan, the South African national who opened and ...

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