Hotels

The management of Continental Hotel, formerly Intercontinental Lagos has quietly announced that it has closed down the less than a decade old property for refurbishment.

Shareholders of Transcorp Hotels Plc, owners of the iconic Transcorp Hilton Abuja and Transcorp Hotels Calabar, have unanimously authorised the Board of Directors to raise N10 billion in its proposed Rights Issue to fortify its balance sheet.

African hotel development had returned to growth at the start of 2020, with more than 78,000 rooms in 408 hotels in the pipeline, according to the 12th annual survey by W Hospitality Group, acknowledged as the industry’s most authoritative source.

South Africa tourism industry has submitted proposals to the government as it lobbies to be allowed to begin operating under level 3.

Geoffrey Onyeama, the Minister of Foreign Affairs, on Tuesday said most hotels in Abuja and Lagos had refused to be used as Quarantine centres for Nigerian returnees abroad.