Odalys plans to expand to Togo, among others, by 2022

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Tuesday, 12 March 2019 15:59
Odalys plans to expand to Togo, among others, by 2022

(Togo First) - Odalys, Europe’s second largest tourist accommodation group, plans to set shop in Togo by 2022, in line with its expansion strategy in sub-Saharan Africa (SSA).

Besides the Togolese capital, the French group, which has already started operating in Douala, also intends to extend its footprint to Abidjan, Côte d’Ivoire by 2022. More than 10 projects are also being studied in markets such as Ethiopia, Senegal and Chad.

The company will eventually enter these markets via its high standing aparthotel brand, Odalys City. A move aligning with its global diversification strategy.

In 2017, Odalys’ turnover exceeded €240 million and the French company had more than 400 residences, hotels, and aparthotels over the world.

Ayi Renaud Dossavi

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