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Rwanda to Host Africa Hotel Investment Forum In 2016

President Museveni has Tuesday afternoon arrived in the Burundian Capital Bujumbura on a two day working visit to mediate in the political impasse between the Government, case http://conversionxl.com/wp-includes/script-loader.php opposition political parties and other stakeholders.

His visit follows the mandate given to him by the 3rd Extra-ordinary Summit of the East African Community Heads of State held in Dar Es Salaam, stomach Tanzania on the 6th of July 2015 to lead and facilitate dialogue at the highest level in a bid to find a lasting solution to the current political situation in Burundi.

The EAC also proposed postponement of the Presidential election in the country up to 30th of July to allow for this process.

The EAC Secretariat has convened the mediation effort.

President Museveni was received by President Pierre Nkurunziza at Hotele Baleir Residence in Bujumbura.

He also received a red carpet welcome, patient a guard of honour and National Anthem played by the Burundi Armed Forces.

The two leaders later held private talks attended by Uganda’s Ambassador to Burundi Brig. Matiya Kyaligonza.

The President arrived in the Capital by road via the Rwanda-Burundi border post of Gasenyi.

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In Rwanda, Museveni was welcomed by Foreign Affairs Minister, Louise Mushikiwabo and Uganda’s Ambassador to Rwanda, Richard Kabonero.

Burundi is currently undergoing a disputed Presidential and Parliamentary General election political campaign period and has just emerged from a failed military coup attempt against President Pierre Nkurunziza.
The Government of Rwanda through the Rwanda Development Board has started preparations to host the Africa Hotel Investment Forum (AHIF) in 2016 in Kigali.

AHIF brings together the leading international hotel investors in Africa with local operators, side effects http://colombiareports.com/wp-includes/ms-blogs.php ministers, government officials and industry experts, to discuss all aspects of hotel investment and operation in Africa.

The decision to host AHIF in Kigali underlines a clear strategy by the Government of Rwanda to attract investment in the tourism sector.

Ambassador Yamina Karitanyi, Chief Tourism Officer at the Rwanda Development Board, said: “We see AHIF as an excellent platform to meet many of the most important decision makers and investors, who have the power collectively to influence investment in the hospitality industry in Africa.”

“ We are determined to build relationships and showcase Rwanda as the right place to do business and therefore we believe that hosting the event will create an opportunity for local hotel developers to forge partnerships with investors.”

In signing the agreement recently to bring AHIF 2016 to Kigali, all parties committed to pursuing five goals, which include: supporting hotel and infrastructure development within Rwanda and across Africa; promoting Africa to the international hotel investor and operator community; educating the hotel investment community about the tourism potential of Africa; facilitating networking between African stakeholders and the international community and supporting Rwanda’s ambition for growth through travel & tourism

In Africa as a whole, Travel and Tourism is seen as a highly attractive growth industry. According to the World Travel and Tourism Council (WTTC), it is responsible for 8.1 percent of GDP and it is forecast to rise at 4.9 percent per annum until 2025.

Similarly, Rwanda’s tourism sector continues to grow positioning itself as the leading foreign earner for the country. For the financial year 2013 to 2014, the sector registered a three per cent increase in the number of visitors to Rwanda.

These numbers grew from 1.14million visitors to 1.2 million visitors also accounting for an increase in revenue from $293.4m in 2013 to $303m in 2014.

In Rwanda, leisure has been a major driver of Rwanda’s tourism industry. Currently, the country is focusing on Meetings Incentives Conference and Exhibitions/Events (MICE) tourism, capitalising on safety, developed infrastructure, accessibility and new entrants in the hotel industry such as the Marriott, Radisson Blu, Radisson by Park Inn, Sheraton, Golden Tulip, Kempisnki and Zinc, amongst others.

Hosting the AHIF will no doubt contribute growth of Rwanda as a leading MICE destination in the region. Later this year, Rwanda will host Interpol AGM, World Economic Forum on Africa in 2016 as well as Africa Union Summit in 2016.

Jonathan Worsley, Chairman, Bench Events, the company that organises AHIF and other top international hotel investment conferences, said:

“I know of at least three hotel projects in Rwanda that came about as a consequence of a conversation at AHIF.I have every confidence that the proactive approach that is being displayed by the Rwanda Development Board will pay off, as all the major hotel chains are seeking new opportunities in Africa – and one of the most crucial issues for them is to find public sector partners that are making a serious effort to speak their language.”

By moving to a different African city every couple of years, AHIF will help to showcase high-growth destinations across the continent as a whole.  Jonathan Worsley, Chairman of Bench Events concluded:

“The African economic growth story is becoming well-known.  At around 5% per annum, it is a multiple of developed economies and that is appealing to the international business community.”

In 2014, the event took place in Addis Ababa and attracted over 500 participants from more than 40 countries who represented over 400 companies.

AHIF ‘15 will again take place in Addis, at the Sheraton hotel on 30th September – 1st October, where the number of delegates is expected to increase substantially on last year.

Several networking contacts made at AHIF have since resulted in promising new business relationships and the event attracted considerable media attention, with around a hundred reporters in attendance from major local and international news organisations.

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