HMH To Increase Presence In Africa
Dubai based hospitality operator, Hospitality Management Holdings, will expand its presence globally, including Africa. This will be a landmark year for the home grown hospitality company, which plans to open 20 new properties this year. Michael Noblet, CEO of HMH, said in a recent interview that the growth of engine in the foreseeable future will be in Africa. Three of the four hotels HMH recently opened were in Africa.
Noblet noted that, according to STR Global data, African hotels performed better with increases in average daily rate (ADR) and revenue per available room (RevPar) for the month of December. RevPar in the Middle East Africa region declined 13.3 percent but still had the highest RevPar ($95.44, Dh350.48) of all the regions. Noblet said “We are delighted to be present in this key market and look forward to further expansion with a diversified portfolio catering to all segments of travelers – from luxury 5-star hotels to budget properties.”
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