Hospitality Industry in Lagos, Nigeria (2016 Overview)
“My perception of what is happening in the industry is that it is growing incredibly fast. I think it is almost growing too fast for the infrastructure to handle. I think that the population is demanding better quality hotels and the industry is starting to facilitate that,” says Anthony Shishler, MD of Fahrenheit Hospitality.
“My perception of what is happening in the industry is that it is growing incredibly fast. I think it is almost growing too fast for the infrastructure to handle. I think that the population is demanding better quality hotels and the industry is starting to facilitate that,” says Anthony Shishler, MD of Fahrenheit Hospitality.
“I think it is still prone to the mass market; there is still a huge void in the market for lifestyle and boutique properties or lifestyle spaces with entertainment and accommodation and that is pretty much where we fit in. I think the industry as a whole within Lagos is going to continue to grow. Last year the total growth of what has been happening with tourism only went up by about 5.5% and that is nothing compared to what the growth capacity really is.”