Hospitality promoter and Global Chief Executive Officer, Jumai Travels has called for greater investmenst in the hospitality/tourism sector
Paul Midy, Global CEO of Jumai Travels, who laid the roadmap for stabilizing the hospitality market and growing Africa’s tourism industry said, “Africa’s strong performance in 2014 makes it the second fastest-growing tourist destination after Southeast Asia.
Across the continent, there are around 20 million people working directly or indirectly for the tourism industry. This shows that there is a high potential here and our goal at Jovago is to support Africa in getting to number one position.”
With tourism businesses having the potential of contributing over $100million to Nigeria’s economy annually, stakeholders also called for further public-private sector partnership as a means to boost engagement.
Vincent Nwani, Director of Research and Advocacy at the Lagos Chamber of Commerce and Industry, representing the DG, Muda Yusuf, said, “Nigeria’s economy is going through a crisis. Inflation is high and the cost of doing business is hitting the roof.”
Jumai Travels Nigeria Managing Director, Kushal Dutta said: “The forex situation Nigeria is facing has its positive slant for the industry. Although, its impact is affecting the Gross Domestic product (GDP), on the flip-side, it forces us to look inward as a country; and patronize what we produce here.