Please I need a professional advice from hoteliers, which city is good for hotel? Abuja or Lagos? Please explain the reasons..thanks

Godblessyy:
Please I need a professional advice from hoteliers, which city is good for hotel? Abuja or Lagos? Please explain the reasons..thanks

Lagos is good place to have a hotel, but you would have to offer something new to break into the market

Lagos is ideal. Focus on good maintainance and be creative

Godblessyy:
Please I need a professional advice from hoteliers, which city is good for hotel? Abuja or Lagos? Please explain the reasons..thanks

Come to Abuja if you have enough money to erect a standard and eye catching building I'll always be here to give ideas especially on setting up the lounge

emmanuel596:


Come to Abuja if you have enough money to erect a standard and eye catching building I'll always be here to give ideas especially on setting up the lounge

I want to correct an impression. Its very common in this part of the world.

When we build or invest in hotel business we focus on the structure then forget operations and maintainance.

A hotel building doesn't need to be big and eye catching.

Key areas like operations and maintenance carry more weight.

A hotel can be small, not so beautiful but very profitable.

mrsage:



I want to correct an impression. Its very common in this part of the world.

When we build or invest in hotel business we focus on the structure then forget operations and maintainance.

A hotel building doesn't need to be big and eye catching.

Key areas like operations and maintenance carry more weight.

A hotel can be small, not so beautiful but very profitable.

Very true, but then again if one has the required resources to erect a hotel building such a person should still be capable of paying competent people to properly manage the Hotel.... There's a reason I made emphasis on having a good lounge in the hotel because Here in Abuja and mostly other cities Hotel lounge,bar,club and halls brings more money than lodging...

emmanuel596:


Very true, but then again if one has the required resources to erect a hotel building such a person should still be capable of paying competent people to properly manage the Hotel.... There's a reason I made emphasis on having a good lounge in the hotel because Here in Abuja and mostly other cities Hotel lounge,bar,club and halls brings more money than lodging...

I agree. Any potential investor should learn how to strike the balance.

Your last sentence is absolutely correct too.

I read a report sometime ago about hotel prices in Lagos and the writer concluded ( based on a survey) that hotel rooms in Lagos are over priced.

I don't know if its correct or not.

I have a feeling that low budget hotels may be more profitable than the so called big and expensive hotels.

mrsage:


I agree. Any potential investor should learn how to strike the balance.

Your last sentence is absolutely correct too.

Thank you

mrsage:


I agree. Any potential investor should learn how to strike the balance.

Your last sentence is absolutely correct too.

I'll be happy to be part of your project

Lagos is the ideal place for Hotel Business being the commercial nerve centre. Hotel business in Lagos is often said to be one of the investments that generate high returns irrespective of the size of the hotel. My piece of advice is that Lagos will always serve the purpose of your business.

[Thank you very much
When you say" low budget" like how much per room? Which areas? Thank you
quote author=mrsage post=80362233]I read a report sometime ago about hotel prices in Lagos and the writer concluded ( based on a survey) that hotel rooms in Lagos are over priced.

I don't know if its correct or not.

I have a feeling that low budget hotels may be more profitable than the so called big and expensive hotels.

[/quote]

Thank you very much noted

woleadisa:
Lagos is the ideal place for Hotel Business being the commercial nerve centre. Hotel business in Lagos is often said to be one of the investments that generate high returns irrespective of the size of the hotel. My piece of advice is that Lagos will always serve the purpose of your business.

New like what? Do you have any idea please? Thanks

raymondFirstborn:


Lagos is good place to have a hotel, but you would have to offer something new to break into the market

Please any hotel consultant for more information?