Building on its successful years of partnership with Hilton Worldwide with regards the Transcorp Hilton in Abuja, Transnational Corporation of Nigeria has announced a new hotel development in Ikoyi, Lagos.
The proposed Transcorp Hilton Lagos, a full service 350-room hotel on Glover Road, Ikoyi, will be the Hilton group’s second hotel in Nigeria. The new hotel will be jointly-owned by Transnational Hotels and Tourism Services, Transcorp’s hospitality arm, and Heirs Holdings, the pan-African proprietary investment company chaired by African business leader Tony Elumelu.
“This agreement marks another milestone in our long-standing partnership with Hilton Worldwide,” said Elumelu. “The Ikoyi development, along with the extensive refurbishment and upgrade of our existing hotels in Calabar and Abuja, demonstrates Heirs Holdings’ commitment to driving growth in real estate and hospitality, a strategic sector for Nigeria’s economic development. The new Transcorp Hilton Lagos will not only present an additional world class venue for the increasing numbers of investors, businessmen and tourists to Nigeria, but will create much-needed jobs for our citizens, enabling their social and economic development.”
Full construction on the new hotel will commence early next year. The hotel will offer full conference facilities, meeting rooms, a gym and spa, and a swimming pool.