Ikeja Hotels Plc and Transcorp Hotels Plc have published their unaudited full-year 2025 financial results, showing solid growth and strong profitability According …
Hotels
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Hotels
Africa: Revenue Growth Lifts Ethiopia’s Ghion Hotel to 47.6 Million Birr ($307,408 )Profit in 2025 Tourism Fiscal Year
by Atqnewsby AtqnewsGhion Hotel has reported a net profit of 47.6 million birr for the fiscal year ending June 30, 2025, demonstrating resilience in …
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Abia State
Africa: Tourism Boost for Abia State, as Govt Waives Classification Costs for Hoteliers
by Atqnewsby AtqnewsAbia State Government has announced a total fee waiver for the upcoming hospitality grading and classification exercise. According to the Whistler, this …
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Hotels
Africa: Banana Island, Ikoyi enforces ban on short-let rentals amid rising security concerns and recent criminal arrests as citizens react
by Atqnewsby AtqnewsBanana Island in Ikoyi has announced a ban on short-let and Airbnb-style rentals, citing growing security concerns linked to temporary occupants. According …
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Hotels
Africa: NAHCO Elevates Travel Experience with Launch of Sapphire Hotel at MMIA
by Atqnewsby AtqnewsNAHCO Travel and Hospitality Limited (NHTL), a wholly owned subsidiary of NAHCO Plc has officially commissioned Sapphire Hotel a premier luxury hospitality …
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Hotels
Africa: Ekulo Group, AccorHotels Develop 170-Room Novotel Hotel in Victoria Island, Lagos
by Atqnewsby AtqnewsEkulo Group, a privately controlled Nigerian business conglomerate, is developing a 170-room, 10-storey Novotel Hotel on Ahmadu Bello Way, Victoria Island, Lagos, …
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Hotels
Africa: Sawela Lodges Hotel Crowned Best Conference Hotel at Kenya Tourism Awards 2026
by Atqnewsby AtqnewsSawela Lodges Hotel in Naivasha has been named Best Conference Hotel at the Kenya Tourism Awards 2026, earning national recognition for its …
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Hotels
Africa: Transcorp Hotels records N97.04bn (Over $60M) revenue in 2025 as profits surge 38% across all metrics
by Atqnewsby AtqnewsTranscorp Hotels Plc has posted a record revenue of N97.04 billion in 2025, representing a 38 per cent increase from the N70.13 …
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Carnival Calabar
Africa: Calabar Hotels Hit 95% Peak Occupancy, Generate N3.9bn in Bookings During 2025 Tourism Festivals
by Atqnewsby AtqnewsAccommodation and hospitality businesses in Calabar recorded a major surge in performance during the 2025 Calabar Festivals and Carnivals, with hotels reaching …
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Hospitality
News: New report highlights the top five hospitality industry trends to watch in 2026
by Atqnewsby AtqnewsAfter a challenging year marked by economic uncertainty that slowed hotel growth, leaders across the hospitality industry are entering 2026 with cautious …