Tourism – Business Journal

Emirates, Ministry of Art Culture Tourism/Creative Economy Sign MoU to Stimulate Tourism

Business Journal — Mon, 26 May 2025 17:37:40 +0000

Sanwo-Olu Hails Maiden Lagos Shopping Festival

Business Journal — Tue, 31 Dec 2024 10:10:08 +0000

LR: Chief Bisoye Fagade, DG/CEO, National Institute for Hospitality and Tourism (NIHOTOUR), representing the Minister for Tourism, Arts, Culture and Creative Economy; Mrs. Toke Benson-Awoyinka, Lagos State Commissioner for Tourism, Arts & Culture; Mr. Israel Jaiye Opayemi, MD/CEO, Chain Reactions Africa Ltd and organisers of Festival; Mr. Babajide Sanwo-Olu, Governor of Lagos State; Mr. Idris […]

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Sanwo-Olu Unveils Lagos Shopping Festival Symbol

Business Journal — Fri, 06 Dec 2024 10:34:11 +0000

L-R: Managing Director/CEO, Guinness Nigeria Plc, Mr. Girish Sharma; Governor of Lagos State, Mr. Babajide Sanwo-Olu; representative of Zenith Bank Plc; MD/Chief Strategist, Chain Reactions Africa, Mr. Israel Jaiye Opeyemi, and Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Ambrose-Medebem during the unveiling of the Lagos Shopping Festival Symbol at the Lagos House, Alausa, […]

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Transcorp Hotels’ Expansion Plans Boost Investor Confidence, Reports N42bn Revenue in 2023

Business Journal — Thu, 02 May 2024 12:40:05 +0000

L-R: Non-Executive Director, Peter Elumelu; Non-Executive Director, Dr Owen D. Omogiafo; Independent Non-Executive Director, Bolanle Onagoruwa; Chairman, Emmanuel Nnorom; Managing Director/CEO, Dupe Olusola; Independent Non-Executive Director, Garba Abubakar; Non-Executive Director, Adesimbo Bello-Ukiri; and Dr Oluwatoyin Madein, Non-Executive Director, at the 10th Annual General Meeting of Transcorp Hotels Plc held at Transcorp Hilton, Abuja. Transcorp […]

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Lagos Set to Host a Unique Shopping Festival in December

Business Journal — Sun, 01 Oct 2023 18:17:22 +0000

L-R: Oluwadamilola Olujide, Associate Consultant, Chain Reactions Africa; Israel Opayemi, MD/Chief Strategist, Chain Reactions Africa; Mrs. Toke Benson-Awoyinka, Commissioner for Tourism, Arts and Culture, Lagos State, and Femi Abegunde, Marketing Manager, Lagos Shopping Festival (LSF) during a courtesy visit by the LSF team to the commissioner in Alausa-Ikeja recently. Lagos State is set to experience […]

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‘Nigeria’s Hospitality Industry Must Increase Payment Options to Maximise Growth’

Business Journal — Thu, 15 Dec 2022 13:36:28 +0000

· The World Travel & Tourism Council’s Economic Impact Report (EIR) shows that Nigeria’s travel and tourism sector’s contribution to GDP is forecasted to grow at an average rate of 5.4% between 2022-2032 After many months of low or no growth, the Nigerian hospitality industry is gearing up to take advantage of good […]

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Tourism & Technology Summit Africa Set for 3rd Edition

Business Journal — Thu, 19 Aug 2021 17:08:19 +0000

After a relapse of the Tourism and Technology Summit Africa following the COVID-19 impact of 2020, the first of its kind two industry event is returning with a virtual edition as its third edition. The virtual summit, which is being organised by Brandworld Media in partnership with TechnologyMirror, and with the theme: Africa As a […]

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Addis Ababa Leads Africa in Hotel Room Rates

Business Journal — Thu, 08 Aug 2019 21:12:03 +0000

Addis Ababa, Ethiopia, posted Africa’s highest average daily rate (ADR), according to the most recent 12-month data from STR. The market will play host to the Africa Hotel Investment Forum (AHIF) on 23-25 September at the Sheraton Addis. From July 2018 through June 2019, Addis Ababa registered an absolute ADR of US$163.79 when measured in constant currency, […]

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Sheraton Unveils New Logo Marking Transformation Milestone

Business Journal — Mon, 18 Mar 2019 04:31:22 +0000

Sheraton Hotels & Resorts, Marriott International’s most global brand continues its transformation journey with a nod to its timeless pioneering legacy, as it unveils a new logo that pays homage to its past and depicts its vision for the future. The new design reflects the brand’s holistic vision for the future, making Sheraton the central gathering […]

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Marriott Hotels Fastracks Rapid Expansion in Africa

Business Journal — Sun, 10 Feb 2019 22:09:35 +0000

From the Forum de l’Investissement Hôtelier Africain in Marrakech, Marriott International announced three new deal signings across North and West Africa, reinforcing the company’s commitment to expanding its presence across the continent. The new deal signings highlight the company’s growth in Morocco and Ghana, while marking its debut in Liberia. Organised by Bench Events, Forum de […]

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‘Funding- key to Unlocking Nigerian Hotel Pipeline’

Business Journal — Wed, 31 Oct 2018 06:01:12 +0000

Radisson Blu Hotel, Lagos The rapid expansion in the number of hotel rooms, or keys as it’s known in the business, in Nigeria is an indication of a growing economy and favourable investment climate says the host of the West African Property Investment (WAPI) Summit & Expo, Kfir Rusin. With more than 9,603 rooms across […]

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Francophone Africa: The Continent’s Hottest Hospitality Market

Business Journal — Wed, 10 Oct 2018 08:41:04 +0000

Identified as a strategic growth point for major international hotel brands, Francophone Africa has become one of the world’s most competitive and lucrative deal making environments. In a market first, the FrancoReal Summit taking place in Dakar, Senegal on 16 and 17 October 2018, will provide the platform for hospitality leaders from the Radisson Hotel Group, […]

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Marriott International Plans 200 Hotels in Africa by 2023

Business Journal — Tue, 02 Oct 2018 06:01:12 +0000

From the Africa Hotel Investment Forum (AHIF) in Nairobi, Kenya, Marriott International yesterday announced rapid expansion plans across Africa. Strong demand for select-service brands and conversion opportunities are driving the momentum of growth for the company, amplified by five new hotel signings. The new signings will further consolidate Marriott International’s presence in Ghana, Kenya, Morocco […]

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Marriott Lands in West Africa with Accra Marriott Hotel

Business Journal — Wed, 02 May 2018 06:29:51 +0000

Accra Marriott Hotel Marriott Hotels, part of Marriott International, today announced its debut in West Africa, with the highly anticipated opening of Accra Marriott Hotel.Owned by African Hospitality Limited, the hotel is strategically located opposite the Kotoka International Airport, making it the perfect “Gateway to West Africa”. Set in the heart of Airport City, a […]

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