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Brief Description
Ikeja Hotel Plc engages in the acquisition and development of hotel and tourist facilities in Nigeria. It operates three hotels: Sheraton Lagos Hotel and Towers, Federal Palace Hotel, and Abuja Sheraton Hotel & Towers. Ikeja Hotel was founded in 1972 as Properties Development Limited and changed its name to Ikeja Hotel Limited in 1980. Later, it changed its name to Ikeja Hotel Plc in 1991. The company is headquartered in Lagos, Nigeria. The Company's portfolio consists of over five select service hotels and full service hotels comprising over 1300 rooms in leisure, business and convention markets across Nigeria. The Company's hotels are located in Opebi, Ikeja, Lagos. Its development and management service covers a range of hospitality from limited service and extended-stay to historic-boutique, and full-service hotels featuring restaurants and banquet center. The Company's hospitality business includes hotel and restaurant operations, hotel development and construction management, accounting services, casino, recreational centers, conferences (halls and decorations) and offshore/onshore catering services. The Company seeks to capitalize on its expertise in acquiring, developing, repositioning, renovating and operating hotels by selecting various opportunities in markets.