Tag: Hotel

Zanzibar to build first seven-star hotel in East Africa
Business

Zanzibar to build first seven-star hotel in East Africa

Zanzibar hopes to raise the bar for African hospitality by constructing a seven-star hotel. According to a Tanzanian publication, The Citizen, this is also part of its aim to strengthen tourism, its core sector. The hotel will be constructed on a tiny island. The Montuli would be the name of the ambitious seven-star deluxe hotel, […]

Transcorp Hotels becomes first Nigerian firm to pass N1tn market cap
Business

Transcorp Hotel, tech firms record highest returns

Transcorp Hotels Plc provided investors with a higher return on investment in terms of capital gain in 2023 when compared to other companies listed on the Nigerian Exchange Limited. According to The PUNCH, the hospitality/tourism industry began the year at N6.25 per unit and completed the year at N70.18 per share. This amounted to a […]

Nigeria has second greatest hotel investment in Africa - Report
Uncategorized

Nigeria has second greatest hotel investment in Africa – Report

Nigeria remains the second spot for the greatest hotel investments in Africa despite it’s escalating economic problems. According to The Times, this was discovered in a recent study by W-Hospitality Group, titled “Hotel Chain Development Pipeline Africa,” which examined data from 54 countries in Africa, including those in North Africa, sub-Saharan Africa, and the islands […]

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