Tourism
From The Report: Cote d'Ivoire 2013
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Following a period of minimal activity due to political unrest, Côte d’Ivoire’s tourism sector is now showing signs of recovery. According to the World Travel & Tourism Council (WTTC), in 2012, the travel and tourism industry directly contributed CFA285.4bn (€428.1m), or 2.4% to GDP, with the figure set to rise by 3.6% to CFA295.6bn (€443.4m) in 2013. By 2014, growth in direct and total contributions to GDP is expected to average 5.2% per year until 2023, generating an estimated CFA488.6bn (€732.9m) and CFA963.5bn (€1.45bn) in 2023, based on constant 2012 prices. Meanwhile, direct and total jobs created in 2012 accounted for 2.1% and 4.2% of total employment, or 102,000 direct jobs and 208,500 total jobs, according to WTTC figures. 

Articles from this Chapter

Overview

Unlocking growth: Significant infrastructure upgrades needed to bolster recovery efforts
OBG
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Following a period of minimal activity due to political unrest, Côte d’Ivoire’s tourism sector is now showing signs of recovery. According to the World Travel & Tourism Council (WTTC), in 2012, the travel and tourism industry directly contributed CFA285.4bn (€428.1m), or 2.4% to GDP, with the figure set to rise by 3.6% to CFA295.6bn (€443.4m) in 2013. By 2014, growth in direct and total contributions to GDP is expected to average 5.2% per year until 2023, generating an estimated…

Analysis

Deeper pockets: Significant state investment pledged to help energise the sector
OBG
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In 2012, a new programme was launched to reposition the tourism industry as an engine of economic growth. Consisting of five axes of development, the state pledged CFA3.22bn (€4.8m) in 2012 and CFA1.1bn (€1.65m) in 2013 to fund the programme’s priorities, which aim to attract 500,000 tourists annually by 2015 and create jobs to integrate women and young Ivoirians into the formal economy while reducing poverty. REVITALISED EFFORTS: External funding will be used to rehabilitate transport…

Interview

OBG talks to Yann Caillère, CEO, Accor
OBG
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Interview: Yann Caillère Which hotel segments require increased capacity? YANN CAILLÈRE: Currently, demand in Côte d’Ivoire – and in Abidjan specifically – concerns the business world, whether for individual or group stays, such as residential seminars and conferences. We already have a variety of brands present in the Abidjan four and five-star hotel market, and the announced arrival of the Azalaï and Radisson hotel chains is a good thing, as it shows the market’s dynamism. Eventually,…