Marriott eyes 'super growth' in three African countries
It mulls 40-50 hotels each in Nigeria, South Africa, Egypt
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[ADDIS ABABA] Marriott International Inc may build 40 to 50 hotels in Nigeria, South Africa and Egypt each by 2020 to benefit from a surge of travellers, said Alex Kyriakidis, the chain's president for the Middle East and Africa.
The plan is to add 10,000 hotel rooms apiece in Africa's three biggest economies, targeting "super growth" based on their economic potential and tourist attractions, Mr Kyriakidis said on Thursday in an interview in Ethiopia's capital, Addis Ababa.
"We see tremendous growth opportunities in Egypt," he said. "As Nigeria's economy powers on, the demand for hotel rooms is going to be substantially greater."
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