Shell Energy Entrepreneurs banner Yudala banner
Hilton and Transcorp Hotels sign 20-year extension for Transcorp Hilton Abuja management

By News Express on 03/11/2017

Share on facebook Yahoo mail icon Gmail icon

Views: 346


 

Hilton and Transcorp Hotels Plc, a subsidiary of Transnational Corporation of Nigeria Plc (Transcorp Plc), on Tuesday announced the signing of a 20-year extension to the current agreement to manage the iconic Transcorp Hilton hotel in Abuja. The agreement will see Hilton manage the property until 2037. The hotel, which is a national landmark for having hosted countless Heads of State and global events like the World Economic Forum on Africa, has been operated by Hilton since its opening in 1987.

Speaking at a signing ceremony in Washington DC, Chris Nassetta, Hilton’s President and CEO, said: “We have had an incredible relationship with the Transcorp team and we are happy to announce that we will continue to grow that relationship throughout the next 20 years. With our mission to be the world’s most hospitable company, I am delighted we will be able to continue welcoming guests to this hotel until at least 2037.”

The award-winning 667-room hotel – one of the largest in sub-Saharan Africa – is currently undergoing a multi-million dollar renovation which will transform the property. The extensive refurbishment will continue the Transcorp Hotels legacy as the leading provider of hospitality in Nigeria.

Tony O. Elumelu, Chairman of Transcorp Plc, the largest listed conglomerate on the Nigerian stock exchange and owners of hospitality subsidiary Transcorp Hotels, confirmed: “We are delighted to continue our long-standing owner-operator relationship with Hiton. Our investment in the renovation reflects our commitment to shaping Nigeria into a leading hospitality centre in the West Africa region and with Hilton as our operating partners, we are confident that we will continue to lead in the sector.”

Hilton and Transcorp Hotels have two additional property in the development pipeline. Furthermore, Hilton expects to open six hotels in the next six months across Africa, and open property in 15 countries where it currently does not operate in the next three years.

Also at the signing ceremony, Valentine Ozigbo, CEO of Transcorp Hotels, who leads the management of the relationship between the owners and Hilton, commended Hilton for its clear commitment to delivering excellence and restated the owners’ commitment to continue to use technology and products to develop the hotel as a destination not just for high-end clientele, but also for those travelling to Abuja for business and leisure.

Hilton, which has more than 5,000 hotels globally, has had a continuous presence in Africa for more than 50 years, expects to more than double its current presence across the continent in the next five years.

•Photo shows, L-R; CEO Transcorp Hotels Limited Plc, Valentine Ozigbo, President/CEO, Hilton Hotels, Chris Nassetta, Chairman Transnational Corporation of Nigeria Plc, Tony O Elumelu and Executive VP and President of Global Development, Architecture & Construction, Hilton Worldwide, Ian Carter, at the signing of a 20-year extension to the current  agreement to manage the iconic Transcorp Hilton hotel in Abuja, held at Washington DC on Tuesday.

Source News Express

Posted 03/11/2017 12:13:24 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
Police goes after runaway Lagos kidnap kingpins, promises...

Housekeeper in court over employer's $4,000

Gunmen strike in Kaduna, kill Borno Deputy Police...

Yudala celebrates customers with Zero Gravity

Boko Haram sacked from Michika; Nigerian officers in...

Fayose declares Wednesday work free to mark Women’s...

RIGHTSView, By EMMANUEL ONWUBIKO: Cleaning PDP’ or Nigerians’...

Ondo’s new Police Commissioner serves criminals quit notice...

Army/Shiites Clash: HURIWA urges cordial civil-military relations

Conduct fresh Abia North Senatorial poll now, Ohuabunwa...

World Cup Qualifier: NFF scatters Keshi’s Super Eagles...

Today’s Weather: NiMET predicts moderate dust haze in...

 

Latest News Breaking: Court grants bail to Journalist Tim Elombah Promotion galore in NSCDC, Federal Fire Service, Immigration and Prisons: 12,588 officers benefit 8 Libya returnees die in auto crash Ohanaeze writes off Osinbajo committee on herdsmen, farmers’ clashes 6 telecoms operators may lose licences Fake herbalist defrauds man of N190m to cure diabetes Refuse takes over Owerri, adjoining communities Why we’re yet to screen Buhari’s nominees for CBN Board — Senate Committee Amazon opens store with no cashiers, lines or registers Ondo State confirms 24 cases of Lassa fever Borno PDP youth leader dismisses reports on demolition of party secretariat Dickson bags AIT Award for transparency

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (316,602 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (307,252 views) Shameless Genevieve Nnaji exposes breasts in public (245,747 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (201,909 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (190,520 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (180,015 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (156,136 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (140,563 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (136,412 views) Lagos plane crash: Journalist releases victims’ names (124,899 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (122,270 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (119,213 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (33) Business (2,858) Business Verdict (32) Columnists (792) Complaints & Requests (94) Enterprise & Opportunities (201) Entertainment (431) Features (541) Global Business Monitor (222) International (1,754) Interviews (139) Live Commentary (28) Love Matters (100) News (32,115) Opinion (869) Pidgin (10) Politics (4,370) Religion (667) Sports (1,410) Stock Watch (26) AMA & Al Jazeera Global Update

 

CBN Banner advert

CBN Words on marble

 

 

Football president George Weah puts Liberian army to the test

 

APO Group Partner

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!