Accor S.A.| Partnered with Shoreline Group to Establish Nigeria’s First National Hotel Platform

Accor S.A., French multinational hospitality company headquartered in Issy - les - Moulineaux has partnered with pan - African investor Shoreline Group to establish Nigeria’s first national hotel platform, backed by a $300 million investment. 

The initiative will introduce ten new hotels across eight Nigerian cities, delivering over 1.200 rooms by 2030 and the creation of a Hospitality Academy, signalling continued confidence in West Africa’s hospitality market.

Nigeria’s expanding business travel market and rising tourism ambitions continue to attract international hotel investment and the collaboration between Accor S.A, and Shoreline Group is also expected to support the development of new hotel properties aimed at meeting growing demand from both domestic and international travellers.

Core Features and Highlights of the Partnership: 

•    Property Portfolio: The Development spans various tiers, from midscale to luxury segments, to cater to both business travellers and tourists. 
•    Hospitality Training Academy: A core pillar of the agreement is the establishment of a dedicated Training Academy. This will help develop local talent, raise industry standards, and generate approximately 1.000 direct jobs. 
•    Timeline and Locations: The project will roll out 8 strategic Nigerian cities, targeting full completion by 2030 to serve the currently underserved high – quality room supply. 
•    Investment: Shoreline Group is funding the project with a $300 million investment, while Accor S.A. will provide operational expertise and leverage its extensive portfolio of international brands. 

The partnership also highlights the increasing role of strategic collaboration in accelerating hospitality growth across Africa. With international hotel brands looking to strengthen their footprint on the continent, development such as this are expected to contribute to job creation, tourism infrastructure expansion, and improved visitor experiences in key African destinations. 

Link 
https://atta.travel/resource/accor-and-shoreline-partner-on-nigerian-hotel-expansion.html