Browsing Tag

Elites

Wealthy Elites Invest Heavily in Africa’s Luxury Getaways

Exploring Africa's Luxury Hospitality Boom Imagine a private island nestled off the enchanting coast of Tanzania. Here, guests are willing to pay around $50,000 a night for the exclusive use of a sumptuous villa, a luxurious catamaran, and swift helicopter transfers—all within a protected marine reserve. This idyllic escape isn't just a dream; it symbolizes a burgeoning segment of Africa's luxury hospitality market, which is rapidly gaining momentum. A recent Bloomberg report notes that…

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