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Published on : Friday, August 18, 2017
Contained in the 7th edition of PwC ‘Hotels Outlook: 2017-2021’ report, the hotel sector of Ghana increased 1.2percent from the year 2015 to 2016, and anticipated to increase by grow 1.1percent, 2.1percent, and 2.3percent this year along with forthcoming years like 2018 and 2019 respectively.
This predictable growth rate of Ghana already has more than 2,723 hotels and lodges comprising a number of internationally renowned ones, is estimated to witness a good growth in business traveler number to the country as the Ghana government get on few interesting efforts to motivate the financial growth of the country.
Pietro Calicchio, Hospitality & Gaming Industry leader for PwC Southern Africa observed that the Ghana hospitality sector has remained quite flexible in spite of the latest challenges in global economy.
To quote Pietro Calicchio, “Following the collapse in the oil price and that of other commodities, the government has taken steps to diversify the economy, including promoting the hospitality and tourism sector. The government is also making improvements in transport infrastructure, with the construction of a third terminal at Accra’s Kotoka International Airport and allocation of funds for the repair of roads to popular tourist destinations. Having regard to the investment by foreign investors in the industry through the establishment of high-rated hotels, and an increasing number of tourists and business travellers, it is expected that there will be continuous growth in the industry.”