As part of the Africa Hospitality Investment Forum, join a series of short virtual events to focus on specific regions and showcase investable projects.
On 15 June we will explore the opportunities in Guelmim Oued Noun, a region in southern Morocco and one of Morocco’s best-kept secrets. It is often known as the Gateway to the Desert.
Boasting a brand new airport, Guelmim is one of the most promising beach destinations in Morocco and with an investment plan of $1.2bn by the government it is aiming to be one of the top destinations in the Kingdom.
The event is free to attend.
AHIF Marketspace
Agenda
The programme will share updates on the Moroccan market and recent performance. Provide an insight into Guelmim and what it is like as a destination, what the assets and main attractions are in the region and identify where the primary investment opportunities are. We will hear directly from investors of the region and gain insights into the Moroccan hospitality investment landscape.
AHIF Marketspace
Confirmed Speakers Include:
* Imad Barrakad, Chairman & CEO, Moroccan Agency for Tourism Development, (SMIT)
* Philippe Gaugier, Associate, In Extenso TCH
* Sarubh Chawla, CEO, Selina
* Chris Nader, Co-Founder & CEO, Envi Lodges
* Fabio Nava, Vice President Capital Markets, JLL
Host Sponsor
2-4 November | Fairmont Taghazout Bay, Morocco
The Africa Hospitality Investment Forum (AHIF) is renowned to be the annual meeting place for the region’s most senior hospitality investors, developers, operators and advisors.
It is the leading hospitality investment forum that connects business leaders from the international and local markets, driving investment into tourism projects, infrastructure and hotel development across Africa.
We are delighted to confirm that the Africa Hospitality Investment Forum will return to Morocco in 2022 and we look forward to welcoming you back to the Kingdom of Light
Registration fees apply.
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Press Release
......Imad Barrakad, Chairman & CEO, SMIT, said: “We are delighted to be hosting AHIF once again and showcasing the opportunities that are available for investors outside of the established cities of Casablanca and Marrakech. As a country we are investing billions along the southern coast of Morocco and we look forward to welcoming the luminaries of the African hospitality industry to showcase the opportunities, build relationships with them and assure them that Morocco is a place they should prioritise for new initiatives.”
Morocco is an outstanding example of the benefits tourism can bring to a country’s economy and its investment attractiveness. Prior to the pandemic, the World Travel & Tourism Council (WTTC) reported that the Travel & Tourism sector was responsible for 21.2% of the country’s export revenue, $10.0 billion. In 2019, the industry was worth $14.6 billion, 12.1% of Morocco’s GDP, and was sustaining 1.3 million jobs, 12.3% of total employment.
According to the World Bank, tourism is expected to be a major driver of the country’s economy this year. In 2021, Morocco's GDP growth rebounded to 7.4%, which helped the country regain most of the output and job losses caused by the COVID-19 crisis. However, as real GDP is still 6.4% below the pre-pandemic trend it is encouraging for those looking to invest.
Investor Places
If you are a hotel owner or investor currently with hotel assets, or looking to acquire hotel assets, and would like to attend the conference as our guest, please contact Mala Patel
Criteria for Approval:
• Hospitality property owned or being developed in Africa over the next 12-24 months*
• Any other real estate investor with assets considering expanding into African hospitality sector
*Should you wish to keep your portfolio confidential, we will be able to deliver this.
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CONTACT US
MATTHEW WEIHS
Managing Director, the bench
M: +44 7858 511012
E: matthew.weihs@thebench.com
MALA PATEL
Event Director, the bench
M: +44 (0)7930 573621
E: mala.patel@thebench.com
