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operating performance in Sub-Saharan Africa in 2016 and 2017 has been
challenging. There is little doubt that the long-term investment case is
strong, yet the economic slowdown has impacted demand at a time when new supply
growth has been strong in many markets. Xander Nijnens, Executive
Vice-President, Hotels & Hospitality Group, JLL Sub-Saharan Africa said
that while this may be the case, the region is incredibly diverse and
opportunities in new markets and new segments are constantly presenting themselves.
Supply growth in the sector is continuing, ownership structures are evolving,
liquidity is increasing, and many new prospects are becoming apparent in both
alternative markets, secondary cities as well as product diversification.
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15 October 2017