• Booming Nigeria

Marriott’s new African acquisition, Protea Hospitality Holdings, is building new hotels in Nigeria’s booming market. New builds will add 400 rooms in Lagos to Protea’s 700 already open in the country, reports Bloomberg.

Nigeria’s hotel stock has almost doubled in two years, to 186,000 rooms, according to official figures. Domestic tourism is targeted to triple to USD12bn within a decade.
Read the full story here:
http://www.bloomberg.com/news/2014-03-24/marriott-adds-luxury-nigeria-hotels-amid-west-africa-travel-boom.html

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