Sat. Nov 23rd, 2024

By Dipo Olowookere

Protea Hotels by Marriott, a part of Marriott International, has announced opening a new 90-room facility in Owerri, Imo State.

A statement issued today by the firm disclosed that the Protea Hotel by Marriott in Owerri further consolidates its presence in Nigeria.

The facility was developed by African Capital Alliance, a leading investment firm, and Kunoch Limited.

Imo State is commonly referred to as the “Heartland” and is regarded as the entertainment capital of Eastern Nigeria. The state is also a producer of oil and natural gas and is home to a large number of regional oil and financial services offices.

Commenting on the opening of the hotel, Mr Volker Heiden, Vice President Protea Hotels by Marriott, Marriott International said: “The opening of Protea Hotel by Marriott, Owerri Select, illustrates our confidence in the potential of Nigeria and is in line with our commitment to grow in strategic secondary cities across the continent. The recent expansion of the city’s airport, will give the city better accessibility, which we are confident will further drive business travel.”

Mr Obiora Nwogugu, Principal and Head of Real Estate at African Capital Alliance added, “This new hotel is an important addition to the hotels we already own in the cities of Lagos and Benin in Nigeria, and Takoradi in Ghana.

“We are pleased to partner yet again with Protea Hotels by Marriott, which enjoys strong regional brand equity and awareness coupled with the global distribution of Marriott International.”

Described as ‘the continent of opportunity for the 21st century’, Africa continues to be an attractive investment proposition for many global corporates including the hotel industry.

Marriott International, a leading hotel operator on the continent, currently operates over 140 hotels in 20 countries and is targeting a projected growth by 2022 of over 200 Hotels with more than 36,000 rooms across operating and pipeline hotels.

By Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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