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Hotel Spurt seen in Lagos (II):

Published by BusinessDay on Wed, 03 Sep 2014


Entry of international hotel operators increases hotel valuations while lowering revenue metrics Lagos has emerged a clear favourite among international hotel operators in the race for frontier markets. Hotel rooms in Lagos tripled between 2003 and 2013 rising from 2,994 to 9,567 according to data published by the W Hospitality Group. As one of Africa's []
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