Stronger Private Sector Role Needed in Hospitality Growth

At the recently concluded International Hospitality and Tourism Eco-Sustain Forum (IHTEF) in Africa, a strong call was made for increased private sector participation to drive growth in the hospitality industry. The forum, which took place at Ikogosi Warm Spring Resort in Ekiti State, brought together leaders and stakeholders to discuss transformative ideas for the sector.

Lanr Balogun, General Manager of Glocient Hospitality Limited, emphasized the benefits of privatized investment in enhancing the brand and standards of the industry. He noted that the sector significantly contributes to the economy and that strategic investments from private organizations could improve standards and expand opportunities.

John Olajide, a visionary behind Glocient Hospitality, remarked on the organization's growth among competitors. The event featured discussions on the necessity for stronger partnerships and increased investment from private stakeholders to support innovation and improve customer experiences, ultimately strengthening African hospitality brands on the global stage.