The Rezidor Hotel Group has recently announced its 7th hotel in Nigeria: The Park Inn Lagos, Apapa featuring 125 rooms is already under construction and scheduled to open in Q1 2013. Lagos is one of the most dynamic hotel markets in Africa – but still lacking internationally branded hotel rooms as a result of a surging economy buoyed by high oil prices and high barriers to entry limiting hotel development. Apapa is the major port of the city of Lagos and has a high concentration of businesses related to shipping and petroleum.
Besides 125 guestrooms, the new Park Inn will comprise an all day dining restaurant, a sports bar, 330 m2 of meeting space, an outdoor swimming pool and a fitness centre. The surrounding area is heavily landscaped and park-like, which a major advantage in Lagos.
Rezidor has identified the emerging markets of Africa as a focus area for future business development; the group currently has the largest pipeline in Sub-Saharan Africa and develops its core brands Radisson Blu (upper upscale) and Park Inn by Radisson (mid market) across the continent. Future openings include hotels in Addis Ababa/Ethiopia, Lusaka/Zambia, Kigali/Rwanda and Tete/Mozambique.