American hotel and leisure company, Starwood Hotels & Resorts Worldwide, Inc. has expanded its presence in Africa as it announced the signing of Four Points Benin City, Nigeria owned by Eagle Hospitality and Leisure Limited.
“Responding to the demand for affordable yet innovative lodging options is core to our development strategy,” said Neil George, Senior Vice President Acquisitions & Development, Starwood Hotels & Resorts, Africa & Middle East. “Four Points has the largest number of rooms in Starwood’s global pipeline and its compelling blend of comfort, style and affordability make the brand increasingly attractive for owners and developers.”
Also commenting, Michael Wale, President, Starwood Hotels & Resorts, Europe, Africa and Middle East said Four Points by Sheraton Benin City will further consolidate the company’s strong Nigeria portfolio.
“With five hotels operating and another four in the pipeline, including Four Points Benin City, Nigeria is already one of our strongest markets in the region, and the signing of this hotel reinforces the growing demand for affordable lifestyle brands in rapidly developing markets,” Wale added.
Mr. Chris Oshiafi, Group Managing Director of PanAfrican Capital Plc and Chairman of Eagle Hospitality and Leisure Limited, owner of the hotel expressed delight at the new hotel which he said he expects to meet the rising demand for high-caliber lodging in Benin, a city he projects would soon emerge as a leading choice among business and leisure travelers.
With the addition of the 176-room hotel, Starwood continues to add to its global portfolio. Already, the company has over 200 hotels in nearly 40 countries around the world. The brand is on track to expand its portfolio of rooms by more than 50 percent in the next five years.