Safari Real Estate Brief | 27th September, 2025
Tourism Reality
Africa welcomed 9% more international arrivals in Q1 2025 compared to Q1 2024, and arrivals were already 16% above pre-pandemic levels. (UNWTO Report, 2025)
A total of 67 out of 120 destinations worldwide had already surpassed 2019 arrival levels in H1 2024. Tanzania was among the strongest performers globally, posting +49% growth vs 2019 arrivals through June. (UNWTO News)
Tanzania’s momentum continued through last year, reaching a record 5.36 million total tourists in 2024, including 2.14 million international arrivals. Tourism revenue hit USD 4.0 billion. (The East African)
Real Estate Reality
Despite strong demand, new hotel pipelines remain heavily weighted toward urban centers across Africa, with limited investment inside national parks.
Safari lodge supply is far behind tourism growth. With arrivals in Tanzania growing ~18.5% year-on-year from 2023 to 2024, capacity inside the parks is increasingly stretched.
This imbalance creates an overlooked but potentially high-yield investment class: safari real estate.
Conservation Reality
In April 2025, Tanzania officially designated the first-ever wildlife corridor, reconnecting elephant migration routes between the Udzungwa Mountains and Nyerere National Park. (World Land Trust)
In 2024, Carbon Tanzania delivered TZS 9.4 billion (≈ USD 3.7 million) in direct payments to remote communities through its forest-protection carbon projects, strengthening both conservation and livelihoods. (The Citizen)
Reality Check
Africa’s tourism recovery is well ahead of global averages, and Tanzania is one of the standout performers worldwide. With international arrivals 49% higher than 2019 and total tourists surpassing 5 million in 2024, demand is accelerating faster than supply. Yet, in-park safari real estate remains scarce. The combination of surging arrivals, limited capacity, and growing conservation-linked finance points to a unique window for investors.
This is Tanzania’s moment. The country has outperformed global tourism benchmarks and is proving that safari destinations can be both resilient and fast-growing. But growth without adequate, sustainable accommodation risks hitting a ceiling. I see safari real estate as the bridge linking rising demand with conservation finance and long-term value creation.
Further Reading
We are expanding our camp portfolio in Tanzania’s national parks. If you would like to explore investor opportunities or review our deck, please get in touch.
