Market Report: Sierra Leone
By Horwath HTL on 23. décembre 2016
Béatrice Montagnier, of Horwath HTL in West & Central Africa, has written her latest Sierra Leone Hotel Market Report.
Extract from our Sierra Leone Hotel Market Report
Affected by more than 10 years of civil war, the acceptable hotel supply in Sierra Leone is very limited and concentrates mainly in Freetown. The market of the capital city has remained immature, as supply has been lagging behind a growing demand, boosted by the mining sector. Showing strong potential for growth, the hotel market has hence experienced significant changes since 2010, with the development of new properties and the arrival of branded supply. In 2014 and 2015, the economy was strongly disrupted by the Ebola outbreak, compounded by the decline of commodities prices, which also affected the hotel market.