NIPDB calls for tourism investment projects
Sector gears up for hospitality forum
This is the first time the conference, which attracts many prominent international hotel owners, investors, financiers, management companies and their advisors, will take place
in a SADC country.
The Namibia Investment Promotion and Development Board (NIPDB) is calling for investment projects in the tourism sector to promote Namibia at the Africa Hospitality Investment Forum (AHIF).
The forum is the premier tourism and hospitality investment conference in Africa, and will take place in Windhoek from 25 to 27 June. This is the first time the conference, which attracts many prominent international hotel owners, investors, financiers, management companies and their advisors, will take place in a SADC country.
“The NIPDB therefore invites Namibian companies to submit investment project proposals to be promoted at the event, with the aim of attracting investment or international partners for Namibian projects. The deadline for submission is 10 June.
The venue for the AHIF will be the Mövenpick and Mercure hotels in Windhoek. Both properties are receiving a total makeover after they were acquired in 2021 by a fund managed by Kasada Capital Management.
Consequently, AHIF will showcase the relaunch of both properties.
The weekend before the conference, the forum will feature various trips to see some of Namibia’s best hospitality investment projects and tourism attractions, it added.
National potential
In the seven-year period prior to the Covid-19 pandemic, Namibia’s tourism sector had been growing consistently, the NIPDB said.
According to the tourism ministry, tourism numbers grew by about 5% per year from just under 1.2 million in 2012 to 1.6 million in 2019.
However, the pandemic plummeted the country’s tourism industry, with visitor arrivals in 2020 falling below 200 00. Since then, they recovered by 40% in 2021 and jumped by 98.1% to 461 027 in 2022.
“Securing the bid to host AHIF 2024 is not just a win for Namibia, but also an affirmation of our national potential. We are delighted to welcome the international hospitality investment community to explore the untapped investment potential of our tourism industry,” Nangula Uaandja, chairperson and CEO of the NIPDB previously said.
She added that Namibia is a strikingly beautiful country, with picturesque landscapes that are guaranteed to charm at first sight.
“More than that, we are a country that is committed to developing our people by attracting foreign investments that catalyse economic activity and employment creation.”
The forum is the premier tourism and hospitality investment conference in Africa, and will take place in Windhoek from 25 to 27 June. This is the first time the conference, which attracts many prominent international hotel owners, investors, financiers, management companies and their advisors, will take place in a SADC country.
“The NIPDB therefore invites Namibian companies to submit investment project proposals to be promoted at the event, with the aim of attracting investment or international partners for Namibian projects. The deadline for submission is 10 June.
The venue for the AHIF will be the Mövenpick and Mercure hotels in Windhoek. Both properties are receiving a total makeover after they were acquired in 2021 by a fund managed by Kasada Capital Management.
Consequently, AHIF will showcase the relaunch of both properties.
The weekend before the conference, the forum will feature various trips to see some of Namibia’s best hospitality investment projects and tourism attractions, it added.
National potential
In the seven-year period prior to the Covid-19 pandemic, Namibia’s tourism sector had been growing consistently, the NIPDB said.
According to the tourism ministry, tourism numbers grew by about 5% per year from just under 1.2 million in 2012 to 1.6 million in 2019.
However, the pandemic plummeted the country’s tourism industry, with visitor arrivals in 2020 falling below 200 00. Since then, they recovered by 40% in 2021 and jumped by 98.1% to 461 027 in 2022.
“Securing the bid to host AHIF 2024 is not just a win for Namibia, but also an affirmation of our national potential. We are delighted to welcome the international hospitality investment community to explore the untapped investment potential of our tourism industry,” Nangula Uaandja, chairperson and CEO of the NIPDB previously said.
She added that Namibia is a strikingly beautiful country, with picturesque landscapes that are guaranteed to charm at first sight.
“More than that, we are a country that is committed to developing our people by attracting foreign investments that catalyse economic activity and employment creation.”
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