Nigeria holds its pole position for hotel development in West Africa despite a slight reduction on last year, according to a regional focus by the influential annual hotel pipeline survey from Lagos-based W Hospitality Group.
BON Hotels' growth in Nigeria has been prodigious and continues to flourish with the more recent acquisitions of 11 additional hotels in the region bringing their portfolio in West Africa up to 25 hotels across 14 cities.
Hilton and Transcorp Hotels Plc, a subsidiary of Transnational Corporation of Nigeria Plc have signeda 20-year extension to the current agreement to manage the iconic Transcorp Hilton hotel in Abuja.
The hotel sector in Sub-Saharan Africa has evolved during the past decade due to high demand growth, entrance of new global brands and increasing supply in major markets.
Based on August 2017 data from STR, Africa currently shows 301 hotel projects in the pipeline, accounting for 57,011 rooms, or 11.0% of the continent’s existing room supply.
Protea Hotels by Marriott, part of Marriott International, Inc. has opened Protea Hotel by Marriott, Owerri Select in South-Eastern Nigeria, a development, which further consolidates its presence in the country.
Hotel development activity in Africa is still rising in the face of the continent’s economic problems, showing a 13 per cent increase in 2017.
The Sheraton Lagos Hotel unveiled 107 newly renovated club rooms and suites, all refreshed and elegantly furnished with modern interiors and enhanced amenities.
Jumia Travel is seeking to further empower its hotel partners across all markets with technology by unveiling the Web Extranet, a web version of the previously launched Extranet App on Android.
ogaVenue the Lagos-based online events venue booking platform, today announces that it has secured a $45k seed investment from Spark and Hotels.ng.