Global hotel industry to see 43.4% growth to $284.7bn in 2021, but recovery remains slow
Ben Eguzozie in Port Harcourt
March 17, 2021
Revenues still $83bn below 2019 levels World’s five largest hotels lost $14bn amidst pandemic Thousands of cancelled vacations hit revenue down to $198.6bn in 2020 Africa’s upcoming 78,000 rooms in 408 hotels shattered by Covid But by end-2025, revenues to rise to $456.2bn Ben Eguzozie, in Port Harcourt Despite the expected 43.4 per cent growth […]
Nigeria missing out on 298m jobs, $7.6trn beach-driven T&T market
Ben EguzozieMarch 1, 2021
Travel review site names world’s top 25 beaches 2021 Australia’s Whitehaven Beach claims title, UK’s Bournemouth listed too Tanzania’s Nungwi Beach, 23rd in world, is Africa’s best beach Nigerian beaches? Gone, neglected, abandoned, below reckoning Usually, if the world wasn’t in the middle of a pandemic (though now abetting with vaccines rollout), as soon […]
Anambra gov’t lauds commercial airliner’s launch at a time global airline business lost $157bn in 2020
Ben EguzozieFebruary 15, 2021
IATA says global airline business to lose $38.7bn this year United Airlines off with one of 4 Embraer aircraft commercial flights to Enugu State gov’t asks businessman to use incoming state airport as hub Anambra government has commended Obiora Okonkwo, the owner of newly launched commercial airliner, United Nigeria Airlines, […]
Emirates suspends flights from Nigeria, retains inbound operations
Sade WilliamsFebruary 11, 2021
By Sade Williams/Travelport The high stakes drama in the flight operations of Emirates airline in Nigeria continued on Wednesday when itannounced that it was suspending outbound flights from Lagos and Abuja until February 28, 2021 but that its flights from Dubai into Nigeria will continue on its normal schedule. A statement from a spokesman […]
Strong lobby on to get Brazil’s Embraer locate Africa service centre in Nigeria’s Anambra State
Ben EguzozieFebruary 10, 2021
State in talks with Air Peace, Embraer’s biggest African buyer State to inaugurate own airport this year The Willie Obiano administration in Anambra State, with few months to its exit date in November this year, is pushing up a partnership deal with Air Peace, West Africa’s leading airliner, to format its incoming airport […]
Nigeria suspends Emirates flights from Nigeria over Covid-19 violations
Businessam StaffFebruary 5, 2021
The Nigerian federal government, through its aviation regulatory agency, Nigerian Civil Aviation Authority (NCAA), on Friday suspended flight operations of Emirates from Lagos and Abuja over violation of COVID-19 protocols. A letter signed by Musa Nuhu, director general of the NCAA and dated February 4, 2020 with reference number NCAA/DG/AIR/11/16/285, addressed to the country manager […]
In Cupid spirit, Lagos Oriental Hotel arranges special Valentine getaway experience for guests
Arakunle KayodeJanuary 28, 2021
By Arakunle Kayode Lagos Oriental Hotel, one of Nigeria’s leading hospitality and leisure services giants, in the February spirit of cupid, has extended an open invitation to regular and potential guests for a getaway experience at the prestigious hotel in its special Valentine’s Day package for the month, according to a statement by Philipp […]
MARRIOTT IKEJA GRA: Marriott’s marks are all over 5-star hotel wonder in Ikeja GRA
Phillip IsakpaJanuary 26, 2021
SIFAX Group’s hospitality hotel almost ready Exquisite luxury on offer to business travellers C-suite executives traversing the world for business meetings, where they discuss and negotiate deals, are always on the lookout for two things – their flight arrangements (if they are not using executive chartered or own jets) and the destination hospitality accommodation […]
Air Peace extends horizon, lands Markurdi
Zainab IwayemiDecember 17, 2020
By Zainab Iwayemi In continuation of its expansion drive, Nigeria’s current airline, Air Peace, on Monday, commenced commercial flights into Makurdi, Benue State. The development saw the state government and indigenes of Benue come out in a pool of excitement as it marks the only airline with commercial flights into Makurdi, Benue State at […]
Global travels, tourism rebound will be slow, despite successful Covid-19 vaccines – Fitch
Charles AbuedeNovember 25, 2020
By Charles Abuede A recent study by Fitch, an international global rating agency, has shown that the recovery timeline for global demand for tourism and travel to pre-pandemic levels will take several years, even amidst news and evidence that effective Covid-19 vaccines may be available by the close of 2020 or the earliest […]