Protea Hotels announces new hotel in the heartland of Eastern Nigeria

29 Sep 2017

Protea Hotels by Marriott has announced the opening of Protea Hotel by Marriott, Owerri Select in South-Eastern Nigeria. The 90-room hotel, developed by African Capital Alliance, a leading investment firm, and Kunoch Limited, is located in Owerri city, the capital of Imo State.

Volker Heiden

Imo State is commonly referred to as the “heartland” and is regarded as the entertainment capital of Eastern Nigeria. The state is also a producer of oil and natural gas and is home to a large number of regional oil and financial services offices.

Confidence in potential of Nigeria

Commenting on the opening of the hotel, Volker Heiden, vice president Protea Hotels by Marriott, Marriott International said: “The opening of Protea Hotel by Marriott, Owerri Select, illustrates our confidence in the potential of Nigeria and is in line with our commitment to growing in strategic secondary cities across the continent. The recent expansion of the city’s airport will give the city better accessibility, which we are confident will further drive business travel.”

Obiora Nwogugu, principal and head of real estate at African Capital Alliance added, “This new hotel is an important addition to the hotels we already own in the cities of Lagos and Benin in Nigeria, and Takoradi in Ghana. We are pleased to partner yet again with Protea Hotels by Marriott, which enjoys strong regional brand equity and awareness coupled with the global distribution of Marriott International.”

Described as ‘the continent of opportunity for the 21st century’, Africa continues to be an attractive investment proposition for many global corporates including the hotel industry.