CORPORATE INTELLIGENCE AFRICA ISSUE 0024 | Page 24

Travelport unveils plans to invest in East Africa
HOTEL & HOSPITALITY
now operate in 47 countries with more in the pipeline,” he said. According to recent research by Euro monitor International, the GDP growth in east Africa is set to peak at 7 per cent by 2017, making it the fastest growing regional economy in Africa. Another research also indicates that the tourism industry in sub-Saharan Africa continues to develop fast, with a 4.7 per cent increase in arrivals in 2012 – higher than the global average of 4.3 per cent and second only to Asia Pacific with 5.1 per cent. By 2017, the number of tourists visiting sub-Saharan Africa is expected to reach 42.6 million. According to Euro monitor International, this growth has been fuelled by strong economic improvement and rising disposable incomes, with business and leisure visits to domestic and regional destinations growing in number, alongside an increase in the number of arrivals from BRIC (Brazil, Russia, India and China) countries. In light of this growth, Travelport has emphasised its focus on Africa as a strategic investment region by unveiling a robust business strategy for the country based on Travelport’s four pillars of investment – Unrivalled Cont V?B???FV??vV?B6V&6??V??vW&VB6V???rW?W&?V?6R?B?V??Ff?&??F?R6?????2?VF??rF?7G&?'WF???6W'f?6W2?BV6???W&6R&?f?FW"f?"F?Rv??&?G&fV???GW7G'?v?F?&W6V?6R???fW"s6?V?G&?W2??B?2&????FV?2?SV????VW2?B?WB&WfV?VRf?"?7B?V"??BC"?&???????B6??&?6W2F?Rv??&?F?7G&?'WF???7?7FV??tE2?'W6??W72?v??6???6?VFW2F?Rv??V??Bv?&?G7?'&?G2??&??R?B6??WF???2?B????BfV?GW&R?b?v?W'6???bT?WGB?G&fV??'B?B??&??VV???'?&???f6R?F?V????@??&fV??'B?2V?fV??VB??fW7F?V?B??2f?"V7Bg&?6??&W7??6RF?F?R&??V7FVBrW"6V?Bw&?wF???F?R&Vv???( ?2w&?72F??W7F?2&?GV7B?( ?vRv???6??F??VRF???fW7B??F?RV7Bg&?6?&Vv???F?&?Vv?6??B&?GV7B?B'W6??W727G&FVw???#2?B?6??F??VRF?w&?r?W"&Vv????&W6V?6R??FG&W76??rF?RWf??f??r?VVG2?b?W"7W7F??W'2?( ?6?BG&fV??'B??v??rF?&V7F?"?&??VV????"?VV??F??B4??v???R????&?&?F?BF?R6?????2???r??7F?'???g&?67????rF??fW"#?V'2?v??6??2?VBF??VVBF???fW7B??F?R&Vv????( ?vR?fR6??F??VVBF?w&?r?W"f??G&??B7&?72F?R6??F??V?B?B??F?R?7B????F?2???RvR?fRFFVB?Wr6?V?G&?W2F??W"g&?6??WGv?&??vP??( ?F??2w&?wF??2&VV?gVV??VB'?7G&??rV6????2??&?fV?V?B?B&?6??rF?7?6&?R??6??W2?v?F?'W6??W72?B?V?7W&Rf?6?G2F?F??W7F?2?B&Vv????FW7F??F???2w&?v??r???V?&W"?( ??#@??D?R4?%?$DR??DT??tT?4Re$?4d?"UD??$?DD?dR?BU?DT?4?dR%U4??U52??4?t?E0?wwr?6?'?&FV??FV??vV?6Vg&?6??W@??