Tourism
From The Report: Algeria 2013
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Although the tourism sector currently makes up 2% of GDP and attracted nearly 982,000 tourists in 2012, the government hopes to raise the sector’s GDP contribution to 5% by 2015 and boost visitor numbers to 2.5m. The 2009 Complementary Finance Law introduced a number of fiscal incentives aimed at increasing sector activity, such as cheaper access to government land and better interest rates on loans used for tourism developments. Proposed hotel and infrastructure projects will potentially raise the number of hotel beds to 75,000 by 2015 and create 30,000 new jobs. In parallel with efforts to expand tourism facilities, a number of initiatives are also aimed at ensuring that the country has sufficiently skilled human resources capacity.

This chapter contains an interview with Pierre-Frédéric Roulot, President and CEO, Louvre Hotels Group.

Articles from this Chapter

Overview

Sizing up the market: Promoting growth via a stronger financial mandate and greater talent
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Following several years of steady growth, business in the tourism industry continues to show encouraging signs. Although the number of foreign visitors is progressing only slowly, the pace of investment, particularly in hotel construction, has quickened considerably over the past five years (see Construction chapter). This can be attributed to efforts under the National Tourism Development Plan (Schéma Directeur d’Amé- nagement Touristique, SDAT), introduced in 2008, to develop the sector…

Interview

OBG talks to Pierre-Frédéric Roulot, President & CEO, Louvre Hotels Group
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Interview:Pierre-Frédéric Roulot What sorts of risks do you think apply as an operator making expansions in Africa? PIERRE-FREDERICROULOT: It is true to say that Africa remains relatively undersupplied in terms of hotel rooms, which has prompted a large influx of new facilities and operators. But despite these opportunities, there are a number of risks affecting operations in Africa, especially with regards to the political and economic environment. Corruption is particularly rife…

Analysis

International cooperation: New partners help secure investment and training opportunities
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Efforts to build up the tourism industry are tied to a wider strategy of diversifying the economy away from hydrocarbons. Almost two decades of low numbers of domestic and foreign tourists highlighted a number of areas for improvement necessary to achieve the government’s ambitions. It was in pursuit of this strategy that prompted the establishment of the National Tourism Development Plan (Schéma Directeur d’Aménagement Touristique, SDAT) in 2008. BUILDING TALENT: While the delivery…