Lagos, Nigeria is one of the fastest-growing cities in the world relying on its commercial activities.
According to research by Mustard Insights, the city has the highest number of hotels, 3,412 in Nigeria which is driven by the influx of business and leisure travel in the state. This factor is a reflection of the level of hospitality and the huge variety of accommodations in the state.
With less than half of the hotels in Lagos, Abuja city which is the capital of the country has 1,157 hotels. The state is home for quiet several luxurious hotels for a lot of tourists.
Other states with high number of hotels due to their tourism attraction and commercial activities are Ogun, Oyo, Delta, and Rivers with not less than 500 hotels.
Another research by pwc.com, during the next five years Nigeria is expected to be the fastest-growing market with a projected 12.0% compound annual increase. A number of new hotels are scheduled to open in the next five years, which will accommodate further growth in guest nights, without putting upward pressure on Average Daily Rate (ADR).
8 comments
This is good for Lagos, they should build on it.
Amazing things here. I’m very glad to peer your post.
Thank you a lot and I’m taking a look forward to contact you.
Will you please drop me a mail?
I always used to read post in news papers but now as I am a user of web therefore from now I am using net
for articles or reviews, thanks to web.
Good information. Lucky me I came across your site by chance (stumbleupon).
I have book-marked it for later!
It’s a shame you don’t have a donate button! I’d definitely donate to this outstanding blog!
I suppose for now i’ll settle for book-marking and adding your RSS feed to my Google
account. I look forward to brand new updates and will share this
website with my Facebook group. Chat soon!
Incredible quest there. What occurred after?
Thanks!
I am curious to find out what blog system you have been using?
I’m having some small security problems with my latest site and I would like to find something more risk-free.
Do you have any suggestions?
This is my first time pay a quick visit at here
and i am in fact impressed to read everthing at single place.