Accor, Shoreline Group sign LOI for Nigeria hotel platform backed by USD 300 million investment

Accelerated Pharma

Accelerated Pharma

ACCP

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  • Accor signed a letter of intent with Shoreline Group to develop Nigeria’s first national hotel platform.
  • Shoreline plans to invest USD 300 million to build 10 hotels across eight Nigerian cities, targeting more than 1,200 rooms by 2030.
  • Project includes creation of a dedicated hospitality training academy in Nigeria, expected to support about 1,000 direct jobs.


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