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Najib Balala, Kenya’s Cabinet Secretary for Tourism, speaking at AHIF Najib Balala, Kenya’s Cabinet Secretary for Tourism, speaking at AHIF

Report Reveals the Economic Impact of AHIF

An independent assessment by the international tourism advisory expert, Martin Jansen van Vuuren, partner, Futureneer Advisors, has quantified the significant economic benefits to host countries of the influential Africa Hotel Investment Forum (AHIF).

Van Vuuren revealed that when AHIF returns to Addis Ababa at the end of September, it could bring over one and a half million dollars in direct benefit to the local economy, an additional two million dollars in indirect benefit and over a quarter a million in tax to the Ethiopian host government if spending at this year’s event is a mere 10 percent more than when it was held in the city in 2014.

This assessment is based on recent research of attendees at AHIF and a study on the economic impact of previous editions of the conference.

Looking back over the history of AHIF since the first conference in Casablanca in 2011, the event has made a total impact on the local host economies of USD21,24 million of which USD8,64 million is direct and USD12,6 million is indirect. In doing so, it has helped to create or sustain over 6,000 jobs and generate USD1,4 million in tax to the governments of the host countries.