The Nigerian hospitality sector recorded an impressive result at the end of first half of 2019, with average hotel occupancy rate hovering between 60-70 percent, from less than 40 in the first quarter of the year, according to industry experts who spoke to BusinessDay…
 
More details through:
https://businessday.ng/exclusives/article/hotel-occupancy-rises-to-60-in-h1-despite-poor-q1-outing/
​

The Franchisee for Domino’s Pizza, Cold Stone Creamery and Pinkberry gourmet frozen yoghurt, Eat n’ Go Limited, has announced the opening of its 100th outlet in Nigeria.
 
Speaking at the unveiling in Lagos recently, the Chief Executive Officer, Eat n’ Go Limited, Patrick McMichael, said the 100th store was a reflection of the firm’s commitment to bringing quality and innovative food products to Nigeria’s quick service restaurants, while also becoming the premier dynamic and unique food operator in Africa…
 
More details through:
https://punchng.com/firm-invests-n10bn-in-nigeria-opens-100th-outlet

Transcorp Hilton Abuja has been recognised as Nigeria’s Leading Hotel for the seventh consecutive year, and Africa’s Leading Business Hotel for the fifth consecutive year at the prestigious World Travel Awards held in Mauritius earlier this month.
 
At the 2019 Africa & Indian Ocean Gala Ceremony, Transcorp Hilton scooped five of eleven awards won by Hilton properties, as voted for by travel and tourism professionals globally…
 
More details through:
https://www.thisdaylive.com/index.php/2019/06/09/transcorp-hilton-wins-africas-best-business-hotel-for-5th-consecutive-year/
​

Global alternative asset manager, the Carlyle Group (NASDAQ: CG), has announced its investment of $40 million in Wakanow.com Limited (Wakanow). Wakanow is an online travel agency focused on West and East Africa, with major operations in Nigeria…
 
More details through:
https://guardian.ng/business-services/carlyle-group-invests-40-million-in-wakanow-com/

Pizza Hut, a division of Yum! brands, has announced the opening of its first restaurant in Nigeria, with two more expected by the end of the year.
 
“We are thrilled to bring Pizza Hut to Nigeria as we continue our African expansion.  This is our 14th country launch in sub-Saharan Africa in the past four years, we are fast becoming Africa’s Pizza of Choice,” a statement quoted the General Manager, Pizza Hut Africa, Ewan Davenport, as saying…
 
More details through:
https://punchng.com/pizza-hut-to-open-three-outlets-in-nigeria/  

Nigeria is now the fastest growing Airbnb market in Africa. The platform, which allows home owners to earn extra income from hosting guests in their spare rooms for specific period has seen a significant growth of 213 percent in Nigeria in the last five years, making it the fastest growing market in Africa…
​
More details through:
https://www.businessdayonline.com/exclusives/article/nigeria-emerges-fastest-growing-airbnb-market-africa/