Hospitality Industry Trending News and Highlights This Week

  • The Travel and hospitality businesses have been the worst hit by the COVID-19 pandemic and may never recover unless the Federal Government provides substantial support to the industry, the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has said.
  • The Ugandan Government has appealed to owners of hotels and public buildings across the country to install sanitiser booth technology as measure to stop the spread of Covid-19.
  • Hotels in Egypt have implemented government safety regulations which include having an on-site clinic with resident doctor, regular temperature checks of guests and a quarantine area, as they try to attract domestic tourists, hotel officials said.
  • Recovery and resilience were the central themes as the members of the World Tourism Organization’s Regional Commission for Africa (CAF) met for the 63rd time today. Reflecting the extraordinary circumstances, the meeting was held virtually, bringing together Ministers of Tourism from across the region with representatives of the African Union, the West African Monetary Union and from the private sector, to plot a united course towards a stronger and better tourism sector.
  • Tana Africa Capital, a Pan-African private equity firm, has invested through its second fund Tana Africa Capital II into Mabaret Al Asafra, a hospital operator in Alexandria, Egypt. The investment was made directly into Alexandria for Healthcare Investments, that owns the majority stake in the Mabaret hospitals and laboratory.
  • Insurance companies will only pay for coronavirus disease treatment in public hospitals after the regulator adopted proposals from insurers to drop coverage in private institutions on fears of increased expenses related to the respiratory disease that could push them into losses.