AIRTELAFRI₦6,300.00• 0.00%
DANGCEM₦1,066.70• 0.00%
MTNN₦844.00• 0.00%
BUAFOODS₦760.60• 0.00%
BUACEMENT₦297.00• 0.00%
SEPLAT₦16,000.10• 0.00%
FIRSTHOLDCO₦136.85• 0.00%
ARADEL₦1,400.00▲ 1.67%
HBMNG₦355.00• 0.00%
ZENITHBANK₦127.80▼ 0.16%
GTCO₦128.00▲ 0.23%
TRANSCOHOT₦290.50• 0.00%
STANBIC₦168.00• 0.00%
PRESCO₦2,045.30• 0.00%
NB₦75.00▼ 1.32%
NESTLE₦2,750.00• 0.00%
GEREGU₦825.70• 0.00%
UBA₦43.00▲ 0.12%
INTBREW₦9.50• 0.00%
ACCESSCORP₦28.40▲ 1.43%
DANGSUGAR₦68.00▼ 0.87%
TRANSPOWER₦178.00• 0.00%
ETI₦70.50• 0.00%
FIDELITYBK₦20.00▼ 1.72%
WEMABANK₦31.00▲ 2.65%
OKOMUOIL₦1,276.20• 0.00%
GUINNESS₦423.00• 0.00%
FCMB₦11.00▲ 0.45%
UNILEVER₦102.50▲ 0.49%
UACN₦184.00• 0.00%

GDN DESKTOP 1

Advertisement

Hospitality firm signs Lagos’ Crowne Plaza, strengthens regional presence

IHG Hotels & Resorts has announced the signing of Crowne Plaza Lagos, a 119-rooms hotel scheduled to open in early 2028 under a franchise agreement with Watercress Hotel International Limited.

The facility is to be operated by Valor Hospitality Partners, a global leader in integrated hotel management and operations solutions, and one of IHG’s trusted partners. The signing represents a strategic milestone in IHG’s expansion across the African continent and reinforces its commitment to strengthening its presence in key cities.

Upon opening, the plaza will join a global network of more than 400 Crowne Plaza hotels and resorts. The brand is recognised for its contemporary design and guest-centric approach, helping travellers maintain a balance between work and leisure, and making it a preferred choice for today’s professionals and global travellers.

Crowne Plaza will introduce the brand’s signature features to West Africa, including the next-generation Plaza Workspace, a flexible, design-led environment that supports collaboration and informal meetings. Guests will also benefit from work-life rooms, designed to combine comfort, functionality, and seamless transitions between work and relaxation.

Advertisement

Managing Director, IHG Hotels & Resorts, India, Middle East & Africa, Haitham Mattar, said, “Lagos is one of Africa’s most influential commercial and cultural centres. Nigeria continues to show strong potential for growth, and Lagos – as a key economic and transportation hub – aligns well with our long-term development strategy across the region.”

Executive Director, at Watercress Hotel International Limited, Samuel Ayinde, said “Our vision for this property is to create a landmark hotel that reflects the energy and ambition of Lagos, while not only meeting but exceeding the international standards expected by modern travellers. This collaboration aligns with our long-term goals to contribute to Nigeria’s hospitality landscape through innovation, quality, and guest-centric experiences.”

EFN Non Oil Export
Join Our Channels

Taboola Recommendation Widget