Nigeria: UAE-based hotel group Rotana has signed its first property in Nigeria, under its Centro brand.
The 200 plus-key hotel and serviced apartment development, to be
launched in partnership with Topwide Ventures Limited, will be
situated on Glover Road, Ikoyi.
Rotana's first property in Nigeria will join its African portfolio which includes properties in Khartoum, the capital city of Sudan, and Sharm El Sheikh in Egypt.
"Despite being home to a flourishing hospitality industry, Lagos has the highest average rates on hotel accommodation in Africa. Centro Lagos fills this major gap in the industry and heralds a potential paradigm shift in the city's hospitality scene," said Omer Kaddouri, president and CEO of Rotana. "Africa is a vastly underserved market with huge potential for growth, and Rotana is very keen to expand its pipeline in the continent. The African region will remain a focus market for Rotana in the years to come as we move towards our goal of operating 100 hotels by 2020."
Chief senator Annie Okonkwo, chairman of Topwide ventures Limited, said: "Rotana is a true pioneer in the hotel industry who has established a global reputation for creating world-class hospitality environments, and we are very proud to be introducing such an acclaimed brand to the city of Lagos. Once open, the new Centro hotel and Serviced Apartments will provide travellers a more accessible and affordable option right in the heart of Lagos, with the same high standards of elegance, comfort and convenience that guests have come to expect from a Rotana property."