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Marriott International commits to Africa

Marriott International completed its acquisition of Protea Hospitality Group, a South African based hotel company, in April this year. The acquisition cost Marriott approximately US$200 million, for a portfolio of 116 hotels (10,148 hotel rooms) and about 15,000 employees, across seven African countries. Before the acquisition, Marriott had been operating 14 hotels employing 10,000 people in Africa.  Its […]

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Transcorp plans to invest US$110 million in the Lagos hotel market

Transnational Corporation of Nigeria Plc (Transcorp) is developing a Lagos hotel, to be managed and branded by Hilton, the U.S.-based hotel operator, who also operate Transcorp’s Abuja hotel.  The planned hotel will be located on Glover Road, Ikoyi and will offer 350 rooms, conference and meeting facilities, fitness center and a swimming pool. Transcorp disclosed to Reuters that the […]

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Marriot Hotel, Lagos

The Lagos hotel is made-up of 315-rooms and 75 luxury apartments of between 2-4 bedrooms at the Okunde Water Front (Lekki Phase 1) with a land area of 2.385 Hectares. The hotel has water-front access, self-sustaining infrastructural facilities such as waste recycling plant, power and water. The entire facility will be constructed to world class […]

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