Redefining Hospitality Business


The official opening of the InterContinental Lagos Hotel recently may have extended the frontiers of the hospitality and tourism business in the country

By Stella Sawyerr

Any first time visitor to the popular Kofo Abayomi Street, Victoria Island, Lagos, cannot but be amazed at the sight of the imposing edifice located towards the end of the street. Even those who daily throng the area are held spellbound at the sight of the amazing structure. Truly, the N30 billion InterContinental Lagos Hotel, touted to be Nigeria’s first five-star hotel and the tallest in West Africa, combines elegance and style and it is a beauty to behold. The 23-storey hotel owned by Milan Group and funded by Skye and Wema banks has 352 luxury rooms including 37 suites and a presidential suite.

At the official unveiling of the hotel, Sunday, September 29, Babatunde Fashola, governor, Lagos State, could not hide his appreciation that such gargantuan edifice is situated in his domain, contributing to the enlistment of Lagos as a mega city. According to him, aside from boosting business in the tourism sector, InterContinental Lagos has opened a new page of history in Lagos, and indeed, Nigeria. Shortly after a tour of the hotel, Fashola boasted that the choice of the owners of InterContinental Lagos, to site the hotel in the state, is because of the enabling environment his administration has provided for investors. While commending the Milan Group for its contribution to the efforts of the state government to develop Lagos into a mega city through tourism and leisure, the governor urged prospective investors to avail themselves of the opportunities presented by Lagos to bring in their investment.

Milan Group, which is one of the leading companies in Nigeria with investments in real estate, financial services and hospitality sectors, had signed a technical agreement …

Source: TELL Magazine – News


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