Research Briefing | Apr 19, 2021

Africa | Africa Travel Recovery, Opportunities & Risks (April)

Africa_Travel_Recovery_Opportunities_Risks_April ipad

Africa’s travel industry has still been devastated by the ongoing restrictions and reduced tourist sentiment from the global health crisis. Recovery in travel is set to begin in 2021 but international arrivals are still expected to remain 56% below 2019 levels in 2021, with a return to pre-crisis levels not expected until 2024. And, the emergence of new, more transmissible mutations of the virus has increased the downside risks for the travel recovery. 

In this issue of Africa Travel Recovery, Opportunities & Risks, we explore:

  • When will Africa’s international and domestic travel recover?
  • How vaccine rollout will help propel Africa’s travel recovery?
  • What are the drivers that could help stimulate future tourism growth in Africa?

Back to Resource Hub

Related Services

Industrial property

Post

US: High debt costs suggest an industrial correction

The scale of the increases in debt costs, coupled with the low-yielding environment makes some repricing highly likely for gateway US industrial markets over the coming quarters.

Find Out More
Office building in London

Post

High debt costs suggest European office price correction

Our analysis suggests a 10% correction is needed on average for the major office markets in Europe to compensate for the higher cost of debt, with prime yields required to soften by 10bps-75bps to generate a low-risk interest coverage ratio at a reasonable LTV.

Find Out More