East Africa: Tanzania, Kenya Hotels Forecast Growth Despite Economy and Security Hurdles

Tanzania and Kenya are among African nations where the hospitality industry is forecast to maintain a growth trajectory over the next five years, amid economic uncertainty, tempered foreign direct investment and threats of terrorism.

A new report by audit firm PwC shows that growth in tourism numbers coupled by governments' efforts to promote MICE (meetings, incentives, conferences and exhibitions) infrastructure to attract more business tourists is driving the growth of the hotels industry.

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