Radisson’s African hotel investment safari

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Ramsay Rankoussi of Radisson Hotel Group said, ‘Africa is big – not every continent has the same potential in terms of expansion. Key focus countries include SA, Nigeria, Morocco & Egypt’ on PropertyPod with SurenNaidoo. Download the podcast below.

You can also listen to this podcast on iono.fm here. Welcome to the latest episode of The Property Pod, South Africa’s premier property investor podcast. We are looking at hotel development in SA and Africa in this edition of the podcast. Earlier this month Africa’s Travel Indaba took place in Durban, and several global hotel players and leaders were there. One international hotel brand that has been bullish about South Africa and the African market is Radisson Hotel Group.

I referred to Livingstone as a project that we actually delivered in less than 24 months, and we have projects that we’ve even done in 12 to 18 months. I think this is part of the strategy that we reshuffled, as I mentioned, in 2020 when I took over the leadership of Africa …” “I think Africa is one of the continents that is probably the most difficult to develop a hotel in, for two major reasons …” “One is access to capital. Financing is probably available but often more expensive.

 

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