Investment and advisory services provider Barrows Hotel has started developing a 4-star business hotel near Lagos Airport in Nigeria.
The project is expected to start in February 2023 and will be financed by medium-term bonds. The 139 rooms will be spread over four floors and located on a podium in which other facilities, such as a restaurant, meeting rooms, a business center and sports facilities will be created. There will also be parking under the podium. The project was designed to provide a long-term solution to chains such as Holiday Inn, Crown Plaza, Marriott and Hilton.
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Erwin Jager, President and CEO of Barrows Hotel Enterprises, said: “West Africa is experiencing strong growth. Over the coming decades, West Africa will develop more resorts combined with new infrastructure that will generate high occupancy through new and existing visitors, jobs and new business opportunities.
“Barrows Hotel has acquired land positions in the immediate vicinity of Lagos airport. The position is strategically an important choice and very well located. In this position, Barrows will develop a new modern building specifically for the international 4-star classification, consisting of a 139-room hotel and various amenities.