Kenya’s foreign direct investment efforts are this year set for a major boost as the Kenya Tourism Development Corporation (KTDC) moves to host the prestigious Africa Hotel Investment Forum.
As part of its investment development roles in the tourism sector, KTDC, in conjunction with a United Kingdom based event organiser - Bench Events, will host a premier Hotel Investment forum expected to attract the who’s who in global tourism investment circles.
KTDC chief executive, Marianne Ndegwa, said that the Africa Hotel Investment Forum (AHIF) will be hosted in Nairobi on 25-26th September this year.
AHIF moves to a different African city every year showcasing high-growth destinations across the continent. Last year the conference was held in Morocco, attracting more than 350 delegates from 34 countries.
“We have secured this high profile hotel investment forum for Kenya, which will help showcase our tourism investment options,” said Ndegwa, adding that the event would attract quality investors who may wish to invest and develop world class hotels in Kenya's traditional and emerging tourist circuits.
Said Bench Events chairman, Jonathan Worsley: “The Economist magazine recently pointed out that over the past decade six of the world's ten fastest-growing countries were African. In eight of the past ten years, Africa has grown faster than East Asia, including Japan. Even allowing for the knock-on effect of the northern hemisphere's slowdown, the IMF expects Africa to grow by 6% this year and nearly 6% in 2012, about the same as Asia. Therefore, in my books, if you are looking to grow your business you can no longer ignore Africa.”
Bench Events organises conferences that are attended by the international hotel investment community, including developers, investors, management companies, tourism officials and leading advisers.