Steady growth in tourism is expected to continue in Gabon, with considerable potential for the hospitality sector. The government aims to increase the number of hotel rooms by 23%, from 5300 in 2013 to 8300 by 2025. Over 90% of rooms are currently located in cities. Though national parks account for only around 6% of Gabon’s hotel rooms, this is...
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Articles & Analysis | Gabon raises the number of luxury accommodations from The Report: Gabon 2015
Articles & Analysis | Gabon restructures tourism to boost visitor numbers from The Report: Gabon 2015
Developing the tourism sector in Gabon has become a growing priority for authorities as they aim to diversify the country’s economy. Investments have primarily targeted upgrading infrastructure and developing high-end ecotourism under the country’s Green Gabon strategy for sustainable development. As the state partners with the private sector to...
Articles & Analysis | Gabon's ecotourism offerings attract private investment from The Report: Gabon 2015
In recent years, government investment in the tourism sector has been primarily aimed at upgrading infrastructure and developing high-end tourism. Though visitors to Gabon remain primarily business-oriented, the industry shows considerable potential for growth, with notable opportunities for ecotourism. According to official figures, as much as...
The industry’s potential has garnered attention from the government and private operators, with the state aiming to boost visitor numbers to 100,000 per year by 2020. The majority of visitors come for business, but luxury tourism projects are in the works to diversify the offer. Ecotourism and luxury are two promising segments that could help boost the sector’s contribution to GDP.
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An upper-middle-income country situated on the Gulf of Guinea, Gabon is one of Africa’s leading oil producers. With a population of around 1.7m and a stable political system, it plays a leading role in the region through its membership in the CEMAC economic bloc.
Lower government revenues following the downturn in global hydrocarbons prices have prompted Trinidad and Tobago to re-evaluate its spending priorities and intensify its efforts to diversify the largely energy-driven economy. Thanks to the country’s strong fundamentals, 2015 is expected to be a recovery year, with the Caribbean Development Bank forecasting expansion of 1.7%, after GDP growth of less than 1% in 2014.