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.
An analysis of seat capacity for travel to the top ten international airports in Africa, produced by ForwardKeys, reveals that Lagos is seeing substantial declines in both domestic and international capacity, mainly because Arik Air is cutting 53% of its seats for the rest of 2017.
BON Hotels announced the signing of its 12th hotel in Nigeria, further increasing the company’s presence and footprint in West Africa and making the group the largest hotel management company in Nigeria, with additional opportunities still in play.
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 process of obtaining a Nigerian visa has been likened to a “camel passing through the eye of a needle.” To visit, foreigners need to successfully navigate a maze of paperwork both before and after they get into the country.
The Sheraton Lagos Hotel unveiled 107 newly renovated club rooms and suites, all refreshed and elegantly furnished with modern interiors and enhanced amenities.
African Travel Spend expected to rise 24 Percent with Introduction of African Union Passport Introduction in 2018
Travellers from four countries – South Africa, Nigeria, Kenya and Egypt were surveyed, with those having flown in the past 24 months saying they would spend 24 percent more with the introduction of the passport.