ADDIS ABABA, Ethiopia--(BUSINESS WIRE)--From the Africa Hotel Investment Forum (AHIF) in Addis Ababa, Ethiopia, hospitality leader Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced aggressive expansion in Africa and Indian Ocean, increasing its market penetration across the region. Today the company has a strong footprint with 34 operating hotels and a robust pipeline of 20 hotels under development. With the expansion of its luxury, upper upscale and mid-market brands, Starwood will grow its portfolio by over 50% in the next five years, with more than 50 hotels operating and nine out of its 10 compelling lifestyle brands flying their flag in the region.
“The momentum of growth we are seeing in Africa today is unprecedented. It is a reiteration of the trust our owners have in us, the power of our distinct lifestyle brands and the strength of our global distribution and award-winning loyalty program,” said Michael Wale, President for Starwood, Europe, Africa and Middle East. “Africa is a market with huge potential. With economic growth, a rising middle class and rapid urbanization, the demand for travel and quality lodging will continue to grow and provide us with a significant opportunity to grow our brands and play our part in supporting many emerging markets across the continent.”
Reaffirming its commitment to growth in the region, the company announced seven new deals including W Sharm El Sheikh and The Residences at W Sharm El Sheikh (Egypt), Sheraton Bamako (Mali), The Westin Abuja and Residences (Nigeria), Four Points by Sheraton Abuja and Residences (Nigeria), Four Points by Sheraton Nairobi Airport (Kenya), Aloft Dakar (Senegal), and Element Oyster Bay Dar es Salaam (Tanzania). With the new signings Starwood will further build its position in Nigeria and Egypt, increase its presence in Senegal and enter new markets, which include Mali, Kenya and Tanzania.
W Sharm El Sheikh and The Residences at W Sharm El Sheikh
Renowned
for its visionary design, playful luxury and Whatever/Whenever®
mentality, W Hotels Worldwide will make its much anticipated entry into
Egypt with W Sharm El Sheikh and Residences scheduled to open in 2020.
Owned by Tower Prestige for Hotels SAE, the hotel with 350 stylish guest
rooms and suites will be located at Nabq Bay in the Red Sea resort town
of Sharm El Sheikh. It will also feature 50 branded residences with a
dedicated Resident’s Lounge and access to the signature W offerings and
services available at the hotel.
Sheraton Bamako Hotel
Starwood’s largest and most globally
recognized brand, Sheraton, will foray into Mali in West Africa with
Sheraton Bamako Hotel. Scheduled to open in early 2017, the hotel is
owned by Koira Hotel Investment S.A. Boasting 200 modern rooms, the
hotel will also feature all of the Sheraton brand signature experiences
and amenities including a lobby bar serving the brand’s latest food and
beverage program Paired, Sheraton Club® Lounge, the
Shine Spa for Sheraton™ and the state-of-the-art Sheraton Fitness®
center.
The Westin Abuja and The Residences
With its distinct and
winning approach to wellbeing, Starwood is gaining traction to grow
Westin in gateway cities and in resort destinations. Home to 389
contemporary guest rooms and suites, each featuring the iconic Westin
Heavenly® Bed and signature Westin services and amenities, the hotel
will be part of a landmark mixed use development in Abuja’s central
business district, marking the debut of the brand into Nigeria.
Scheduled to open in 2022, the hotel will also feature 194 branded
residences with access to hotel facilities. In partnership with Century
Health and Hospitalities Limited, the project also includes a Four
Points by Sheraton Hotel with branded residences.
Four Points by Sheraton Abuja and The Residences
A part of
the mixed use development project owned by Century Health and
Hospitalities Limited, Four Points by Sheraton Abuja will feature 212
spacious and contemporary guest rooms including suites and 150 branded
residences with access to hotel facilities. With the two projects
together Starwood will add over 600 rooms reinforcing Starwood’s
position as a leading hospitality player in Nigeria.
Four Points by Sheraton Nairobi Airport
With its emphasis on
stylish comfort and genuine service at an honest value, Four Points by
Sheraton spearheads Starwood’s growth in the mid-market segment in the
region. Strategically located within the secure boundary of the airport
precinct, the 194-room Four Points by Sheraton Nairobi Airport will mark
Starwood’s entry into Kenya. Owned by AirMarc Ltd the hotel will be
operated under a franchise arrangement and is expected to become a
welcome gateway for travelers transiting to leisure destinations in
Kenya as well as for business travelers.
Aloft Dakar
Starwood is set to debut leading edge design and
accessible technology into Africa with Aloft Dakar. Located close to the
airport, the hotel with 150 loft-like rooms is scheduled for a 2018
opening and is owned by Vacances Cap Skiring VACAP SA, who also own the
Sheraton Dakar Hotel, currently under development.
Element Oyster Bay Dar-es-Salaam
Element, Starwood’s
eco-innovation lab, with a nature-inspired, clean and modern design
philosophy will debut in Africa with the 105 all-suite Element Oyster
Bay Dar-es-Salaam. The hotel will not only mark the debut of Element
brand into Africa but will also be Starwood’s first hotel in Tanzania in
East Africa. Owned by Opulent Hotel Group, the hotel will be operated
under a franchise arrangement and is scheduled to open in 2018.
“We are excited with the success we are seeing in the continent. Franchising has opened up new opportunities for us and is a strategy that is helping drive growth of our mid-market brands. We are also beginning to see more and more opportunities for conversion and are pursuing them actively. We are confident that this will give further impetus to our growth trajectory. We remain focused on choosing the right partner, and the right brand in established, emerging as well as unexplored but interesting destinations,” said Neil George, Senior Vice President Acquisition & Development, Starwood Hotels & Resorts, Africa & Middle East.
Following the announcement of its 10th brand, Tribute Portfolio, earlier this year, the company is also actively pursuing opportunities to introduce the brand in Africa and Indian Ocean.
2015/2016 Opening highlights
Starwood will open 7 hotels in
the next year, including:
- Opening of Four Points by Sheraton Oran in November marking the entry of the brand into Algeria followed by Four Points by Sheraton Ikot Ekpene (Nigeria) in 2016.
- Opening of The Westin Soma Bay Golf Resort & Spa, after conversion which marks the entry of the brand into Egypt, followed by opening of a new Westin in Cairo, The Westin Katameya Dunes, in early 2016, further strengthening the Westin brand presence and consolidating Starwood’s position as a leading hospitality player in Egypt.
- The debut of Starwood’s ultra-luxury brand St. Regis in Egypt with opening of The St. Regis Cairo in 2016.
- Re-opening of the iconic Sheraton Cairo after extensive renovation in 2016.
- Opening of Sheraton Conakry, marking the entry of the brand and Starwood’s first hotel in Guinea
“Our long legacy gives us a competitive edge and our lifestyle brands are resonating with the aspirational and fast growing middle class in the region. Our accelerated growth and strengthened footprint is driving market share and building loyalty beyond reason. New openings will bring new opportunities for employment for the young and aspiring talent,” said Hassan Ahdab, Vice President, Regional Director Operations for Starwood in Africa and Indian Ocean.
Starwood currently operates nearly 9,500 rooms in 13 countries including Algeria, Djibouti, Egypt, Ethiopia, Gabon, Gambia, Mauritius, Morocco, Nigeria, Seychelles, South Africa, Tunisia and Uganda. It is now set to debut into new countries like Guinea, Kenya, Mali, Mauritania, Rwanda, Senegal, South Sudan and Tanzania and will soon have more than 13,000 rooms with presence in 21 countries in Africa generating thousands of employment opportunities across the continent.
About Starwood Hotels & Resorts Worldwide, Inc.
Starwood
Hotels & Resorts Worldwide, Inc. is one of the leading hotel and
leisure companies in the world with more than 1,200 properties in some
100 countries and over 180,000 employees at its owned and managed
properties. Starwood is a fully integrated owner, operator and
franchisor of hotels, resorts and residences under the renowned brands: St.
Regis®, The
Luxury Collection®, W®,
Westin®,
Le
Méridien®, Sheraton®,
Four
Points® by Sheraton, Aloft®,
Element®
and the recently introduced Tribute
Portfolio™. The Company also boasts one of the industry’s leading
loyalty programs, Starwood
Preferred Guest (SPG®). Visit www.starwoodhotels.com
for more information and stay connected @starwoodbuzz on Twitter
and Instagram
and facebook.com/Starwood.
