Wednesday, December 16, 2009

Park Inn Hotel To Open in Abeokuta, Nigeria

Stay @ the Park Inn Hotel while on visit to the Olumo Rock and other attractions in Ogun State.

The Rezidor Hotel Group announces two new Park Inn hotels: The Park Inn Luxembourg City featuring 99 rooms is scheduled to open in Q4 2010, and the Park Inn Abeokuta in Nigeria with 173 rooms will welcome the first guests in Q4 2010.

"These signings further underline and strengthen the ambitious growth of our dynamic mid market brand Park Inn", comments Kurt Ritter, President & CEO of Rezidor. "Launched in early 2003, Park Inn today comprises more than 130 hotels with more than 24,500 rooms in operation and under development across Europe, Middle East and Africa".

The Park Inn Abeokuta follows recent signings Rezidor has made in the emerging market of Nigeria - the group already develops hotels in the capital city Abuja and in Lagos. Abeokuta (meaning "under the rocks") is a major commercial centre in Ogun State 75 kilometres north of Lagos. The city's existing "Gateway Hotel" will be completely renovated into a modern Park Inn property with 173 guest rooms, a signature RBG Bar & Grill, meeting space including a ballroom and auditorium, a swimming pool, a gym and retail shops.

In terms of population, Nigeria is the largest country in Africa. Thanks to its massive oil reserves, it is also among the wealthiest and most economically important countries on the continent.

With an ambitious reform agenda and strong macroeconomic policies, the oil wealth is being better utilised to promote the growth of the country and diversify the economy. This continued development has resulted in a surge in demand from international business travellers and Nigeria's emerging middle class.


Source: Hotel Development News and Trends (www.hotelchange.com)

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