Zanzibar Hotel Market Update March 2018

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Zanzibar Hotel Market Update March 2018

Visitors double over 5-year period, as new airlift paves way for broader tourism growth Government incentives and surging numbers motivating rise in integrated projects “Zanzibar achieved impressive compound annual growth of 19% in total passenger arrivals by air and sea from 2013 to 2017, stimulated by a rise in direct flights. The destination has also benefited from increased global recognition of it’s upscale and luxury hotels.

Airport & Seaport Passenger Arrivals Number of Passengers

%

500,000

90

400,000

70

300,000

50

200,000

30

100,000

10

0

-10

In 2017, the island received 433,474 passenger arrivals, which rose by 15% compared to the previous year. Tourists can access the island via both by the seaport and airport. While the proportion of seaport passenger arrivals slightly declined year-on-year, more visitors arrived via the airport. There is new airlift from Italy and increasing frequency in existing popular routes. In addition, the expansion of Abeid Aman Karume International Airport will see the building of a new terminal that will increase airport capacity to 1.6 million passengers per annum.

Currently, only 6% of accommodation establishments in Zanzibar are in the upscale and luxury tiers. With rising direct air service and stronger destination presence, more branded hotel developments are being attracted to the market.” Bill Barnett, Managing Director, C9 Hotelworks

Trends

Forward Outlook

2013

2014

Passenger Arrivals

2015

2016

2017

Annual Growth Rate

Source: Zanzibar Commission for Tourism and C9 Hotelworks Market Research

Market share of international visitor arrivals from Israel rose from 3% in 2015 to 6% in 2017, and became one of the top five source markets.

Tourism will benefit from the entrance of a new set of integrated projects, as well as the upgrade of transportation infrastructure.

Average length of stay in four- and five-star hotels is between 4 and 5 nights, with a large proportion of guests on full-board packages.

Currently, there are four large-scale projects under development. Two of these are located in Fumba, focusing on residential properties.

A flight route from Italy launched since December 2017 on weekly basis. Several airlines have increased flight frequency to the island including FlyDubai and Ethiopian.

The new terminal at Abeid Aman Karume International Airport will add an additional 7,800 square meters to the airport complex, and is expected to be completed in 2019.


TOURISM Demand Indicators Zanzibar recorded a total number of 433,474 passenger arrivals by air and sea in 2017. The airport is the primary getaway whereas arrivals via the seaport accounted for 17% of incoming numbers.

Abeid Amani Karume International Airport Passenger Arrivals Number of Passengers 35,000

21,000

30,000

17,500

25,000

Domestic passenger arrivals grew by 20% y-o-y, compared to international with an 18% uplift

14,000

20,000

10,500

15,000

7,000

10,000

3,500

5,000 -

Jan

Feb

Mar

Apr

2016 International

May

Jun

Jul

Aug

2017 International

Sept

Oct

Nov

2016 Domestic

Dec

2017 Domestic

Source: Zanzibar Commission for Tourism and C9 Hotelworks Market Research

Seasonality Number of Passengers

Strong tourist numbers during peak months in Aug and Dec 2017 has reinforced seasonality

60,000

50,000 40,000 30,000 20,000 10,000 Jan

Feb

Mar

Apr

May

2017

Jun

Jul

Aug Sept

2016

Oct

Nov

Dec

2015

Source: Zanzibar Commission for Tourism and C9 Hotelworks Market Research

Distribution of Key International Source Markets - 2016 vs. 2017 12%

12%

Italy 10%

2017

58%

8% 6% 6%

Italy 11%

Germany UK Israel USA Others

2016

55%

9% 7% 6%

Germany UK USA South Africa Others

Source: Zanzibar Commission for Tourism and C9 Hotelworks Market Research

2

C9 Hotel Market Trends: March 2018


HOTEL MARKET Hotel Supply There are 455 registered accommodation establishments in Zanzibar totaling 8,494 keys. While most existing properties are in the midscale segment, pipeline projects are concentrated on the upscale and luxury tiers.

Accommodation Establishments Number of Rooms

Total number of establishments grew by 5% from the start of 2013 through to the end of 2017

Number of Establishments

8,800 8,600 8,400 8,200 8,000 7,800 7,600 7,400 7,200

500 400 300 200 100 2013

2014

2015

Rooms

2016

2017

Hotels

Source: Zanzibar Commission for Tourism and C9 Hotelworks Market Research

Accommodation Establishments Supply by District

31% of the supply is in the South District, with the most popular locations being Jambiani and Paje

Numbr of Establishments 160 140 120

100 80 60 40 20 0

South

North

Central

Urban

West

Others

Source: Zanzibar Commission for Tourism and C9 Hotelworks Market Research

Hotel Pipeline Hotel Name

Location

Keys

Opening Year

Gold Zanzibar Beach House & Spa*

Nungwi

6

2018

Zuri Zanzibar Hotel & Resort

Kendwa

55

2018

Hotel Verde Zanzibar (former Mtoni Marine Hotel)

Mtoni

106

2018

Anantara Zanzibar Resort

Matemwe

100

2020

The Ritz-Carlton, Zanzibar

Matemwe

90

2021

*Additional keys for existing hotel

Source: C9 Hotelworks Market Research

C9 Hotel Market Trends: March 2018

3


Zanzibar 2017 Key Domestic & International Scheduled Flights By Region WESTERN EUROPE

EASTERN EUROPE

MIDDLE EAST

312 Flights

156 Flights

989 Flights

Key Feeder: Italy

Key Feeder: Turkey

Key Feeders: UAE, Qatar, Oman

Africa

Tanzania

1,771 Flights

17,780 Flights

Key Feeders: Kenya, Ethiopia

Key Feeders: Dar es Salaam, Arusha, Kilimanjaro

Source: C9 Hotelworks Market Research..

C9 Hotelworks Company Limited 9 Lagoon Road, Cherngtalay, Thalang, Phuket, 83110, Thailand (Office located at the entrance of Laguna Phuket) T: +66 (0)76 325 346 www.c9hotelworks.com info@c9hotelworks.com


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